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reteachinwi

(579 posts)
2. C'mon now, it's working.
Sat Mar 9, 2013, 09:05 AM
Mar 2013
Transfer of More Wealth to the 1%

Governor Walker insists the state is broke and justifies denying public employees their fundamental freedom to collectively bargain in order to address the deficit. It is now clear that the deficit was exaggerated for political purposes, because massive new tax breaks for corporations and wealthy investors passed since January 2011 will cause an additional loss of nearly $2.4 billion in revenue to state government over the next 10 years. These new tax breaks were enacted despite the fact that two corporate-funded studies show: (1) that businesses in Wisconsin already pay less in taxes (income, property and sales taxes) than the national average; and (2) Wisconsin has the 4th lowest effective tax rate (taxes actually paid) in the country for new business investment.

http://scottwalkerwatch.com/wp-content/uploads/2012/02/Losses-to-Working-Families-Under-Governor-Walker.pdf

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