Friday, October 28, 2011

Flat Tax? In Wisconsin, Corporations Already Enjoy A Flat-Line Tax

The Institute for Wisconsin's Future, a watchdog group that documents how the rich get richer while the rest of us pay the bills, has a fresh list of Wisconsin businesses with household names (like Kimberly-Clark) that pretty much pay nothing in state income taxes.

Businesses in "broke state" Wisconsin enjoy tax exemptions on everything from computers to manufacturing equipment, and Gov. Walker added more breaks to aid big donors as soon as he got his hands on the keys to the office.

9-9-9? In Wisconsin, major businesses have been enjoying 0's for a long time.

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