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 3 )

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

The Room Where it Happens: Attend a State Budget Hearing

The Room Where it Happens: Attend a State Budget Hearing

In February, Governor Evers proposed his state budget. Read our reaction here and our analysis here.  The Governor’s proposals now go to the Joint Committee on Finance (often called the Joint Finance Committee or JFC). This powerful committee is made up of both state...

State Budget: Youth Justice

State Budget: Youth Justice

Tough-on-Crime Narratives Uphold Wasteful Spending and a Developmentally Inappropriate Juvenile Justice System Main Takeaways Wisconsin relies far too much on incarceration and blames children for system-wide disinvestment in basic needs. Protecting our children means...

State Budget: Health Care

State Budget: Health Care

Governor’s Proposed Budget Expands Access to Health Care and Helps Reduce Racial Disparities Main Takeaways No matter where we live or what we look like, we all deserve to live safe and healthy lives. We all need access to quality, affordable health care that supports...

Sign up for Emails

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