wisconsin capitol
Press Release
May 30, 2011

GOP JFC Hosting ‘Corporate Tax Giveaway Day’

Joint Finance Idea of Shared Sacrifice: Middle Class Sacrifices While Corporation Share GOP Tax Breaks

MADISON, Wis. — The Republican-controlled Joint Finance Committee is expected today to raise taxes on the working poor by $43 million. They will also approve handing out $83 million in tax breaks to businesses, a central part of Gov. Scott Walker’s giveaway to the corporate special interests which financed his election. Even worse, the JFC scheme will reduce the number of auditors to bring tax cheats to justice, as well as discourage the state from investigating companies suspected of setting up out-of-state shell companies to avoid paying Wisconsin tax.

“Later today, the Republicans running the state’s budget writing committee will pay off the millions spent by special interests to finance their majority and Gov. Scott Walker’s election,” said Scot Ross, One Wisconsin Now Executive Director. “They’ll pay for them in part by hiking taxes on Wisconsinites by $43 million and by drastic cuts they’ve already made to public education.”

Among the provisions expected to pass the Republican-controlled Joint Finance Committee later today include:

  • Changes to the state’s combined reporting law, which will allow corporations to write off losses before 2009.
    2011-13 Cost to Wisconsin taxpayers: $46.4 million
    [JFC, Paper #310]
  • Changes to capital gains taxes for certain businesses.
    2011-13 Cost to Wisconsin taxpayers: $36.3 million
    [JFC, Paper #311]
  • Changes to the Earned Income Tax Credit.
    2011-13 Increased taxes for Wisconsin taxpayers: $43.5 million
    [JFC, Paper #312]

In addition, JFC is expected make changes related to the ability of Wisconsin’s Department of Revenue to go after businesses suspected of avoiding their tax responsibility to the people of Wisconsin, as well as reduce by attrition, the number of auditors to investigate supposed tax avoidance. [JFC Paper #570, Paper #318]

“Gov. Walker and the Republicans call for ”shared sacrifice,’ but their plan is that Wisconsin’s middle class sacrifices and corporations share our tax dollars,” said Ross. “This is just latest in an endless series of bad choices, power grabs and attacks on working families perpetrated by Gov. Walker and the Republican legislative majority.”

# # #

One Wisconsin Now is a statewide communications network specializing in effective earned media and online organizing to advance progressive leadership and values.

why courts matter usa map
Press Release

Judicial Advocates Raise Red Flags on Eve of U.S. Senate Hearing

State and national advocates raised red flags about both the views of Michael Brennan and the process by which he was nominated for a lifetime appointment.
One Wisconsin Logo
One Wisconsin Now
white silhouette of scales of justice overlaying supreme court bench
Press Release

Nomination of Michael Brennan Scheduled for Hearing Before Senate Committee

The wrong nominee, selected in the wrong way, being given a hearing in the wrong way. That’s how One Wisconsin Institute summed it up.
One Wisconsin Logo
One Wisconsin Institute
scot ross on joy reid 2018-01-21
In the News

Wisconsin polls: Democrat wins special election

A Wisconsin special election saw a Democrat win a district that had been Republican for almost 20 years. Joy Reid and her panel discuss.
dear democratic party abortion graphic
Press Release

Standing Up for Comprehensive Reproductive Health Care for Women

One Wisconsin Now has joined with fellow Progress Now affiliates in calling on the DNC to continue to stand strong on protection of abortion rights.
One Wisconsin Logo
One Wisconsin Now
michael screnock and scott walker smiling together
Press Release

Team Screnock = Team Walker

Michael Screnock worked to defend Gov. Scott Walker’s agenda in court, now Team Walker campaigns for Screnock’s Supreme Court race.
One Wisconsin Logo
One Wisconsin Now
wisconsin state capitol building at night
Press Release

Scott Walker to Call Special Session on Attacks on Poor, People of Color

Wisconsin Republicans led by Gov. Scott Walker announced a special session of the legislature devoted to renewed attacks on families struggling to get by.
One Wisconsin Logo
One Wisconsin Now
UNSPUN Screenshot
In the News

UNSPUN: Democratic Win in State Senate Special Election

Analysts discuss the Democratic win in a state Senate special election and fundraising numbers for Wisconsin gubernatorial candidates.
american flag
In the News

Wisconsin progressives need to build a bigger boat

The divisive, distracted, disappointing quarter century of Scott Walker as a Wisconsin elected official could mean progressives will need a bigger boat in 2018.
Milwaukee Journal Sentinel