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 42 )

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

Governor’s Proposed Budget for Health Care

Governor Evers has proposed an ambitious budget for health care that increases access to care and coverage by expanding BadgerCare, increases funding for hospitals and other providers, invests in maternal and infant health and health equity, and provides more support...

“Advocating for Every Wisconsin Family”

In October of 2013, Kids Forward (then the Wisconsin Council on Children and Families) released the Race to Equity Report documenting dramatic disparities in well-being between African Americans and whites in Dane County and across the state of Wisconsin. It was...

Sign up for Emails

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