Icing on the Cake for Corporations, Crumbs for Working Families

by Kids Forward | June 10, 2011

Home 9 Tax and Budget 9 Icing on the Cake for Corporations, Crumbs for Working Families ( Page 19 )

Late last week, the Joint Finance Committee approved a $129-million tax break for corporations that produce goods in the state. The Wisconsin Budget Project has a new post explaining the top ten reasons why this tax break is a bad idea.

Here’s an excerpt:

Governor Walker’s budget bill was already very generous for corporations. While demanding sacrifice of nearly everyone else, his budget bill and special session bills contained $200 million in tax cuts for corporations and the wealthy.

The Finance Committee’s additional $129 million per year tax break for manufacturers is indeed the icing on the cake for those corporations; yet while they enjoy some very pricey icing, working families and their children are going to be under the table fighting for the crumbs.

You can read more at the newest Wisconsin Budget Project blog post.

Join us to build a Wisconsin where every child and family thrives.

Recent

Wisconsin’s Strong Fiscal Position is an Opportunity to Ensure Everyone Benefits

Wisconsin’s Strong Fiscal Position is an Opportunity to Ensure Everyone Benefits

Wisconsin can be a place where we all—regardless of race or place—have what we need to overcome challenges and make our families safe and well. The state’s historically large surplus is an opportunity to build a stronger foundation for children and families in our state, like access to child care and health care, good schools, and affordable homes.

Act Now to Raise the Age in Wisconsin

Act Now to Raise the Age in Wisconsin

Every young person in Wisconsin deserves the opportunity to get an education, grow up in safe communities, and realize their potential. However, due to systemic racism and injustice, youth of color are over-represented within the criminal legal system—from policing to...

Sign up for Emails

Your address helps us identify your legislators and the most relevant messages to send you.