Wisconsin Up 17 Spots as Business-friendly State, is it Due to Conservatives?

[Alex]

Wisconsin went up 17 spots as a business-friendly state. That is the biggest gain of any state in the country.

"Business leaders graded the states on a variety of categories grouped under taxation and regulation, workforce quality and living environment. 'Do not overtax business,' offered one CEO. 'Make sure your tax scheme does not drive business to another state. Have a regulatory environment and regulators that encourage good business—not one that punishes businesses for minor infractions. Good employment laws help too. Let companies decide what benefits and terms will attract and keep the quality of employee they need. Rules that make it hard, if not impossible, to separate from a non-productive employee make companies fearful to hire or locate in a state.'”

I would have to say the Conservative majority in Wisconsin's Congress, along with Scott Walker, have helped this happen. I am sure their corporate tax breaks helped. I hope their recent law that prohibits mandatory sick days will further Wisconsin in this, and I hope they will continue with deregulation soon.

A couple years ago I told people here on DP to watch for Scott Walker (when he was Executive of Milwaukee County) because he has a true conservative approach that gets results. Not to toot my own horn but, I WAS RIGHT! I am so proud to be a Wisconsinite right now.

Is this gain related to recent Conservative legislation in Wisconsin?

Best/Worst States for Business | ChiefExecutive.net | Chief Executive Magazine

 

[lpast]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

 

[Alex]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

Walker is succeeding where past administrations failed. Businesses cannot employ people when they are paying too much in taxes. Lowering the corporate tax burden creates jobs, and Wisconsin is already seeing that. Current Wisconsin companies:

"DeltaHawk expects to create 100 new jobs over the next three years."

WisPolitics.com: DeltaHawk Engines Inc.: Governor Walker visits DeltaHawk facility to announce financial commitment

"The company [Mercury Marine] is looking to add about 150 manufacturing jobs."

Mercury Marine adding 150 jobs

Companies opening new facilities in Wisconsin:

"A Spanish manufacturer, Sic Lazaro, is opening a factory on Milwaukee's north side--the first in North America for the company."

Spanish manufacturer opening new factory in Milwaukee - JSOnline

"An international processor of needles and medical waste is building a multimillion dollar, regional processing facility in GrandView Business Park."

Multimillion-dollar medical waste plant will employ up to 55

The recent tax relief provided to businesses in Wisconsin is an asset, not a liability. I am also hearing rumors that Abbott Laboratories may start using the large chunk of land it purchased in Southern Wisconsin. They could move from Illinois to the more business-friendly Wisconsin.

Wisconsin is open for business.

 

[Morality Games]

Walker is succeeding where past administrations failed. Businesses cannot employ people when they are paying too much in taxes. Lowering the corporate tax burden creates jobs, and Wisconsin is already seeing that. Current Wisconsin companies:

"DeltaHawk expects to create 100 new jobs over the next three years."

WisPolitics.com: DeltaHawk Engines Inc.: Governor Walker visits DeltaHawk facility to announce financial commitment

"The company [Mercury Marine] is looking to add about 150 manufacturing jobs."

Mercury Marine adding 150 jobs

Companies opening new facilities in Wisconsin:

"A Spanish manufacturer, Sic Lazaro, is opening a factory on Milwaukee's north side--the first in North America for the company."

Spanish manufacturer opening new factory in Milwaukee - JSOnline

"An international processor of needles and medical waste is building a multimillion dollar, regional processing facility in GrandView Business Park."

Multimillion-dollar medical waste plant will employ up to 55

The recent tax relief provided to businesses in Wisconsin is an asset, not a liability. I am also hearing rumors that Abbott Laboratories may start using the large chunk of land it purchased in Southern Wisconsin. They could move from Illinois to the more business-friendly Wisconsin.

Wisconsin is open for business.

It's never that simple, particularly over long periods of time.

People don't seem to understand that if there was a "silver bullet" that would satisfy all the needs of society then historical selection would always privilege that condition above any other and there would be far less economic diversity in the world.

At the end of the day, corporations exist for their executives and shareholders, not their employees.

 

[Kal'Stang]

It's never that simple, particularly over long periods of time.

People don't seem to understand that if there was a "silver bullet" that would satisfy all the needs of society then historical selection would always privilege that condition above any other and there would be far less economic diversity in the world.

At the end of the day, corporations exist for their executives and shareholders, not their employees.

Bold part: And it is not that simple either. Without their employees corporations could not exist. Seriously you do not suggest that all those CEO's don't know this?

 

[lpast]

Walker is succeeding where past administrations failed. Businesses cannot employ people when they are paying too much in taxes. Lowering the corporate tax burden creates jobs, and Wisconsin is already seeing that. Current Wisconsin companies:

"DeltaHawk expects to create 100 new jobs over the next three years."

WisPolitics.com: DeltaHawk Engines Inc.: Governor Walker visits DeltaHawk facility to announce financial commitment

"The company [Mercury Marine] is looking to add about 150 manufacturing jobs."

Mercury Marine adding 150 jobs

Companies opening new facilities in Wisconsin:

"A Spanish manufacturer, Sic Lazaro, is opening a factory on Milwaukee's north side--the first in North America for the company."

Spanish manufacturer opening new factory in Milwaukee - JSOnline

"An international processor of needles and medical waste is building a multimillion dollar, regional processing facility in GrandView Business Park."

Multimillion-dollar medical waste plant will employ up to 55

The recent tax relief provided to businesses in Wisconsin is an asset, not a liability. I am also hearing rumors that Abbott Laboratories may start using the large chunk of land it purchased in Southern Wisconsin. They could move from Illinois to the more business-friendly Wisconsin.

Wisconsin is open for business.

I might agree with you if corporations paid any taxs in the first place...GE 14 billion profit and got a 300 million tax credit didnt pay ONE DIME and any small amt of taxs they pay WE pay for not them...I cant believe how intelligent people keep falling for that crap honestly

 

[ptif219]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

The working class was not attacked. An attempt to get the power abusing unions under control was done

 

[randel]

The working class was not attacked. An attempt to get the power abusing unions under control was done

bull......

 

[Kal'Stang]

bull......

Nice rebuttle there man! I don't think that ANYONE can top that!

/sarcasm

 

[ptif219]

bull......

No bull You are just mad because the GOP came against the arm of the democrats that hide behind the names of unions.

It is not workers since unions represent a very small part of the workforce.

 

[Badmutha]

I might agree with you if corporations paid any taxs in the first place...GE 14 billion profit and got a 300 million tax credit didnt pay ONE DIME and any small amt of taxs they pay WE pay for not them...I cant believe how intelligent people keep falling for that crap honestly

Right.....because "that one time"....back in 2010, GE paid no taxes. Which means any and every corporation being raped with a 40% corporate tax rate past/present/future in this country..... didnt really happen.....because "that one time".....
.
.
........if this liberal fantasy was true........corporations would be flocking to this country......instead we have a mass exodus of corporations w/jobs.
.
.
.
.

 

[MaggieD]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

Seriously, you think it's funny?

Democratic Governor Quinn (Illinois), after increasing state income tax 75%, just gave Motorola Mobility a $100 million tax-incentive to stay in Illinois. $100M in state incentives keep Motorola Mobility in Libertyville - Lake County News-Sun

Apparently comedy crosses party lines.

 

[maquiscat]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

If more businesses come to the state, bringing with them more jobs, which in turn will increase income tax revenues (do they have individual income tax?) and also increase business income tax revenue (due to more businesses despite the lower rate) then the rating would seem to be worth it.

People don't seem to understand that if there was a "silver bullet" that would satisfy all the needs of society then historical selection would always privilege that condition above any other and there would be far less economic diversity in the world.

But is what's happening in Wisconsin a "silver bullet" or a whole clip? Seems to me to be a series of things happening to aid the state in raising its revenue. In addition, there are those who hold that the opposite of what naturally happens is what is supposed to be naturally occurring and work against it. When every time that capitol gains tax rate are lowered the revenues rise and then you have people like Obama say, "This is not about revenues, it's about fairness" then your are looking at moving against the natural order.

I might agree with you if corporations paid any taxs in the first place...GE 14 billion profit and got a 300 million tax credit didnt pay ONE DIME and any small amt of taxs they pay WE pay for not them...I cant believe how intelligent people keep falling for that crap honestly

Despite being in agreement with Badmutha's point I will give you the point in bold. In the end businesses do not pay for taxes, benefits or anything really. It is all in the price of the product. If any expense goes up it has to result in either the increase in prices, reduction of pay/benefits, or reduction in stock dividends (if they exist for a given company). Individuals pay for it all.

The other thing most people fail to look at is the profit margin vs the final profit. When Big Oil makes .10 per gallon and Big Milk makes .70 per gallon (not actual numbers, just for the purpose of the example), the only reason Oil makes a bigger final profit is quantity.

 

[randel]

Nice rebuttle there man! I don't think that ANYONE can top that!

/sarcasm

anyone who has paid attention over the last several months, and is honest about it, knows what walker did...hell, a half dozen threads here on the topic, educate yourself. tax breaks for his buds,( while claiming the state is broke) plus a little union busting on the side

 

[MaggieD]

anyone who has paid attention over the last several months, and is honest about it, knows what walker did...hell, a half dozen threads here on the topic, educate yourself. tax breaks for his buds,( while claiming the state is broke) plus a little union busting on the side

Then Democratic Governor Quinn is in bed with Motorola, yes? I mean, if it's all about tax breaks equals corruption, and you're not just a partisan hack, give credit everywhere it's due.

 

[Alex]

Those tax breaks are a means to get businesses in Wisconsin, and its working. I would rather have jobs than have high corporate taxes. If you come to Milwaukee you will see it is beginning to look a lot like Detroit. This beautiful city I once grew up in is falling apart, fast. Anyone who is honest with them self will see that the way to economic strength is through good businesses that provide good jobs.

Now Wisconsin has corporate tax breaks, businesses are moving in. The evidence is clear to those who are honest, Conservative methods work!

Wisconsin is open for business.

 

[Kal'Stang]

anyone who has paid attention over the last several months, and is honest about it, knows what walker did...hell, a half dozen threads here on the topic, educate yourself. tax breaks for his buds,( while claiming the state is broke) plus a little union busting on the side

I know exactly whats been going on over in Wisconsin. Walker and Co. got rid of collective bargaining rights for most of the public unions and gave some tax breaks to various corprate businesses. Tax breaks = more buisnesses wanting to come to the state = more people employed = more people paying state taxes = more revenue for the state. I don't see the problem here. I would rather have 1 million people paying a 30% tax rate than have 500 thousand people paying a 40% tax rate.

 

[TheDemSocialist]

No bull You are just mad because the GOP came against the arm of the democrats that hide behind the names of unions.

It is not workers since unions represent a very small part of the workforce.

I thought it was a budget issue not a "labor issue"....
I thought the Wisonsin unions agreed to abide to the budget cuts, and just wanted to keep the collective bargaining rights..

 

[xpiher]

I don't know how a libertarian could support Walker over all. He doesn't support freedom of assembly or upholding contracts.

Right.....because "that one time"....back in 2010, GE paid no taxes. Which means any and every corporation being raped with a 40% corporate tax rate past/present/future in this country..... didnt really happen.....because "that one time".....
.
.
........if this liberal fantasy was true........corporations would be flocking to this country......instead we have a mass exodus of corporations w/jobs.
.
.
.
.

Facts are facts: http://www.forbes.com/2011/04/13/ge-exxon-walmart-apple-business-washington-corporate-taxes.html

The average income tax rate within the group was 25.4%. America's three biggest oil companies,

Something is wrong with the tax code when big business pays less, in percentage terms, than small business. I love it how Forbes tries to skew the numbers by including the world wide tax number.

 

[Badmutha]

I don't know how a libertarian could support Walker over all. He doesn't support freedom of assembly or upholding contracts.

Everyone is entitled to Freedom of assembly........

.........as long as that doesnt infringe upon my right to can their ass when they deliver piss poor results for their king's ransom........

Any real Libertarian would be 100% behind Walker's effort to restore Taxpayer Rights, Employer Rights, and Property Rights......

Facts are facts: What The Top U.S. Companies Pay In Taxes - Forbes.com

Something is wrong with the tax code when big business pays less, in percentage terms, than small business. I love it how Forbes tries to skew the numbers by including the world wide tax number.

Which was 24.5% more they had to collect from YOU AND ME first......to pay their tax bill.

America's three biggest oil companies, ExxonMobil ( XOM - news - people ), Chevron ( CVX - news - people ) and ConocoPhillips ( COP - news - people ), all endure income tax burdens of more than 40%--higher than the statutory U.S. rate of 35%. Exxon, with a 45% rate, tallied $21.6 billion in worldwide income taxes for 2010. Wal-Mart Stores ( WMT - news - people ) paid $7.1 billion (at a rate of 32.4%) in income taxes

To live in a "Free Country" where governemnt seizes almost 50% of your profit...........

...........is it any wonder the mass exodus of US Companies w/jobs continues?
.
.
.
.

 

[xpiher]

Everyone is entitled to Freedom of assembly........

.........as long as that doesnt infringe upon my right to can their ass when they deliver piss poor results for their king's ransom........

Any real Libertarian would be 100% behind Walker's effort to restore Taxpayer Rights, Employer Rights, and Property Rights......

.

The state and employers signed the contracts with the Unions. They should honor that contract until its time to renegotiate. My understanding is that it was done unilaterally through the legislature despite the concessions made by all the state unions. It stopped being a finical situation after the unions agreed to all the economic demands. It became politically motivated, and big gov motivated.

 

[Catawba]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

Whichever state is willing to have the stupidest kids wins!!! :sun

 

[MaggieD]

I thought it was a budget issue not a "labor issue"....
I thought the Wisonsin unions agreed to abide to the budget cuts, and just wanted to keep the collective bargaining rights..

Unions gave nothing but lip service to the budget cut changes Walker proposed and the state congress passed. Nothing but lip service. In fact, every contract signed since then has not included those changes because the law can't go into effect yet. Further, the Democratic mayor in Madison, while the Dems had their running shoes on, went into emergency session to sign a half-dozen or more contracts without those changes.

The union has no intention of showing good faith. If Wisconsinites believe the union's lip service, they're naive. It wasn't true. And it isn't true.

 

[ARealConservative]

Seriously this is funny....business people rating states as business friendly because Walker gave huge tax breaks to the rich and corporations and attacked the working class to pay for it....that rating is worth squat

you are an economic joke

 

[randel]

Unions gave nothing but lip service to the budget cut changes Walker proposed and the state congress passed. Nothing but lip service. In fact, every contract signed since then has not included those changes because the law can't go into effect yet. Further, the Democratic mayor in Madison, while the Dems had their running shoes on, went into emergency session to sign a half-dozen or more contracts without those changes.

The union has no intention of showing good faith. If Wisconsinites believe the union's lip service, they're naive. It wasn't true. And it isn't true.

the path walker took was one he didnt need to go down...he had a chance to sit down and negotiate, for all intents and purposes he said fvck that, fvck the unions, tell them to bend over and grab their collective ankles, this is how it is going to be, get over it. walker cried about a state budget deficit, claimed that stripping the unions of their collective bargaining rights , and meddling in internal union business was somehow 'necessary' to balance his budget(neglecting to mention that the 'savings' he would get would be less than 10% of the projected deficit) and then turning around and giving tax breaks to his buds... the unions were willing to make the concessions that walker wanted, walker never bothered, never had any intention, of sitting down with the unions to hammer out the details...walker was more interested in taking care of his buds, of making himself look like a conservative bad ass, of becoming the new conservative darling, than balancing his state budget. how the hell were the unions supposed to show 'good faith' when walker refused to sit down with them?