$100 Million in Credits, But at What Cost?
Jon Peacock, director of the Wisconsin Budget Project said one of the problems with the tax cut for manufacturers is it’s not directly tied to job creation. “We have no assurance that any of the businesses that get this tax break aren’t just going to pocket the money or use it for higher dividends for their stockholders,” Peacock said.
He said Wisconsin is already the leading manufacturing state in the country and that’s a good thing, but it hasn’t resulted in the state having the strongest economy.
Read the article.