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Thread: Wis. governor to Dems: Return or 1,500 workers will be axed

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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by buck View Post
    The tax breaks to attract business and build the tax base is a very small percentage of WI's budget. The funds necessary to compensate the public sector empoyees are a very large percentage of WI's budget. Even if you got rid of all of the proposed business tax breaks, WI would still be in a multi-billion dollar deficit.
    The teachers are not making any budgetary demands but the tax breaks for business cost the taxpayers over $100 million over the next several years. Like I said it just represents priorities for tax breaks over education.
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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by Catawba View Post
    The teachers are not making any budgetary demands but the tax breaks for business cost the taxpayers over $100 million over the next several years. Like I said it just represents priorities for tax breaks over education.
    In the context of Wisconsin v public school unions, this has nothing to do with corporate tax breaks.

    It has everything to do with: "Who is going to control spending in Wisconsin? The unions? Or the taxpayers?"
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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by MaggieD View Post
    In the context of Wisconsin v public school unions, this has nothing to do with corporate tax breaks.

    It has everything to do with: "Who is going to control spending in Wisconsin? The unions? Or the taxpayers?"
    So the taxpayers decided to pay more in taxes so they could give the $100 million in corporate tax breaks? Then why is there a short fall in their budget?
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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by Catawba View Post
    The teachers are not making any budgetary demands but the tax breaks for business cost the taxpayers over $100 million over the next several years. Like I said it just represents priorities for tax breaks over education.
    They have a 137 deficit in the current fiscal period that has to be taken care of. The tax cuts are not and have not added a penny to that cost.

    The "100 million over the next several years" that you quoted pales in comparison to the costs of public sector employees' benefits and salary in WI for just one year. They have to close the 3-4 billion dollar deficit projected for the next fiscal period. Taking back the "100 million over the next several years" will not even make a dent. The cuts have to come from the areas of biggest spending. Guess where that happens to be?

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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    I think the unions should lose their collective bargaining rights. What are the facts that we know? We know that unions are typically democratic and that they repeatedly donate to democratic political causes. One spokesmouth at FOX stated that unions have donated around 130 million dollars. Based on the facts, unions get their money from taxpayers... some of them aren't democratic. Understanding this, what other view should I form?

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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by buck View Post
    They have a 137 deficit in the current fiscal period that has to be taken care of. The tax cuts are not and have not added a penny to that cost.

    The "100 million over the next several years" that you quoted pales in comparison to the costs of public sector employees' benefits and salary in WI for just one year. They have to close the 3-4 billion dollar deficit projected for the next fiscal period. Taking back the "100 million over the next several years" will not even make a dent. The cuts have to come from the areas of biggest spending. Guess where that happens to be?
    "UPDATE: It has been pointed out to us that Walker’s $117 million in business tax breaks are not part of Wisconsin’s $137 million budget deficit for Fiscal Year 2011, ending June 30, 2011. It will, however, create a budget shortfall for the 2011-2013 two-year budget. The state is expected to overspend by $258 million, through a combination of healthcare expenditures for the poor, prisons and debts to Minnesota. (If the $258 million is not spent, then Wisconsin will have a budget surplus of $121 million). It is these expenditures that Walker is looking to cut, and is attempting to do so by unilaterally short-circuiting the state labor unions’ collective bargaining rights."

    "Why haven’t Wisconsin’s voters been up in arms that Walker cut $117 million in taxes for businesses, which will create a budget shortfall in the next two fiscal years? If this sort of information were blazing across Wisconsin television screens and on the cover of newspapers, it would certainly neutralize Walker’s political gamesmanship.

    Wisconsin’s Legislative Fiscal Bureau (the equivalent of the Congressional Budget Office, or CBO) predicted a budget surplus (see update above). And not only does he remain silent about his actions with the business tax cuts, he has the audacity to use it as a means of neutralizing unions on behalf of business owners."
    Scott Walker’s Manufactured Wisconsin Budget Crisis | Death and Taxes
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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by Catawba View Post
    So the taxpayers decided to pay more in taxes so they could give the $100 million in corporate tax breaks? Then why is there a short fall in their budget?
    Not sure. Neither do you. However, it is smart. Especially with my states recent (and dumb) tax hikes. I expect quite a few businesses to leave IL and move to WI.

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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by Catawba View Post
    "Why haven’t Wisconsin’s voters been up in arms that Walker cut $117 million in taxes for businesses, which will create a budget shortfall in the next two fiscal years? If this sort of information were blazing across Wisconsin television screens and on the cover of newspapers, it would certainly neutralize Walker’s political gamesmanship.
    Because the business tax cuts to hopefully bring new businesses to WI, create jobs, and expand the tax base must not be unpopular and is rather insignifcant when placed in comparison with the 3.6-3.8 billion dollar deficit they were expected to have in the next fiscal period. It's also insignifcant when compared to the amount WI spends on public sector employees' benefits and salaries.

    I know if I had to balance a 3.8 billion dollar deficit, I would look to the areas where most of my money is going.
    Last edited by buck; 03-05-11 at 04:11 PM.

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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by buck View Post
    Because the business tax cuts to hopefully bring new businesses to WI, create jobs, and expand the tax base must not be unpopular and is rather insignifcant when placed in comparison with the 3.6-3.8 billion dollar deficit they were expected to have in the next fiscal period. It's also insignifcant when compared to the amount WI spends on public sector employees' benefits and salaries.

    I know if I had to balance a 3.8 billion dollar deficit, I would look to the areas where most of my money is going.
    What a line of BS. All these governors are making all these cuts to make their states friendly to business. What are they going to all do - steal from each other? In Michigan Snyder is cutting business taxes by $1.8 billion dollars and increasing taxes by over $1. billion dollars on average people. Guess what Snyder did for a living before he became Governor in January? He was a businessman. Guess who the backbone of his political support is? Businessmen. Guess what occupation Snyder will go back to after he quits being governor. Businessman. And he gets to play on a whole new playing field that he was responsible to titling heavilly in his own direction and to his own advantage. Its disgusting.
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    Re: Wis. governor to Dems: Return or 1,500 workers will be axed

    Quote Originally Posted by haymarket View Post
    What a line of BS. All these governors are making all these cuts to make their states friendly to business. What are they going to all do - steal from each other? In Michigan Snyder is cutting business taxes by $1.8 billion dollars and increasing taxes by over $1. billion dollars on average people. Guess what Snyder did for a living before he became Governor in January? He was a businessman. Guess who the backbone of his political support is? Businessmen. Guess what occupation Snyder will go back to after he quits being governor. Businessman. And he gets to play on a whole new playing field that he was responsible to titling heavilly in his own direction and to his own advantage. Its disgusting.
    we live in a global economy, and yes, competition naturally exists between governments.

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