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1 comment:
Here are the facts taken from the article... It takes into consideration all of Walkers tax incentives to get business to WI, but does not take into account combined reporting which Doyle passed and hammers our state businesses.
Could you really get a worse report / grading rubric? Perhaps there is a 4th grader somewhere who can give us a better take? I suppose if you eliminated a few more of Doyle's negatives and added a few more of Walker's positives we could make WI #1!
The report says the estimates include any state and local tax changes scheduled to take effect through 2014. In factoring in local property taxes, the study took statewide averages.
The study, however, didn’t take into account combined reporting, a new method for calculating corporate income tax paid by multi-state corporations. This method, now used in slightly more than half of states, was passed by Democrats in the Wisconsin state Legislature in 2009 over the objections of Republicans.
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