Walker proposes tax holiday for out-of-state businesses that relocate to WisconsinRepublican gubernatorial candidate Scott Walker wants to give corporations from other states a two-year break on their taxes if they relocate to Wisconsin.
By: Shawn Johnson, Wisconsin Public Radio, Superior Telegram
Republican gubernatorial candidate Scott Walker wants to give corporations from other states a two-year break on their taxes if they relocate to Wisconsin.
It's part of a marketing plan Walker introduced Thursday that Democrats say is hard to believe.
Walker says his plan would not cut Wisconsin's corporate income tax for any business that's already here, but instead to those that relocate. He says this would have no effect on the state's budget deficit since those businesses don't pay Wisconsin any corporate income taxes right now. He likens it to a landlord looking to fill a vacancy, offering a free month’s rent.
That proposal was the most substantive piece of a new jobs plan Walker touted. The rest included a proposed jobs hotline that any businesses could call and a pledge that as governor he'd meet personally with any company looking to bring 50 or more jobs to Wisconsin.
State Democratic Chair Mike Tate calls those ideas outlandish, given that as Milwaukee County Executive, Walker eliminated his economic development director during the height of the recession.
“If you wanted to call Milwaukee County to talk about economic development, there was no one there to answer the phone,” says Tate. “And (Walker’s) going to set up a hotline? In the Governor's Office? Is he going to have his phone answered this time? This is ridiculous!"
Democrat Tom Barrett's campaign accused Walker of stealing Barrett's ideas. Barrett has said throughout this campaign he'd be the state's number one cheerleader, a phrase that's front and center in Walker's new sales pitch.