Wouldn’t it be easier, at this point, to just lower taxes for everyone?
Wisconsin Gov. Scott Walker on Wednesday suggested the state could extend its tax break offer to paper companies besides Kimberly-Clark if the opportunity to prevent job losses is “significant.”
Walker on Monday proposed increasing the tax breaks available to paper company Kimberly-Clark in an effort to prevent the company from shuttering two plants located in Neenah and Fox Crossing, resulting in the loss of 610 jobs from the Fox Valley region.
Under Walker’s proposal, the company could receive a tax incentive of 17 percent of its payroll — up from the 7 percent available under current law. The plan is modeled after the tax breaks offered to Taiwanese electronics company Foxconn, which will receive more than $3 billion in incentives from the state as it builds a plant in southeastern Wisconsin.