Save Wisconsin Jobs. Stop the Tax Hikes!

State Budget Will Hamper Job Creation, WMC Says (6/26/09)


Investor Warning! 150% Capital Gains Tax Hike Looms (06/23/2009)


WMC has launched a statewide media campaign aimed at keeping joint and several liability out of the state budget and hailing lawmakers who fought the proposal.

WMC Radio Ad: WMC Hails Sheridan, Erpenbach (mp3 file)
WMC Radio Ad: WMC Hails Molepske, Lassa (mp3 file)
WMC Radio Ad: WMC Hails Hubler (mp3 file)
WMC Radio Ad: Call Sullivan, Carpenter on Joint and Several (mp3 file)
WMC Radio Ad: Call Vinehout on Joint and Several (mp3 file)
WMC Radio Ad: Call Kreitlow on Joint and Several (mp3 file)
WMC Newspaper Ad (pdf file)
WMC Ads Urge Continued Opposition to Joint and Several Liability

WMC Petition Drive
WMC launched a petition drive that garnered more than 4,000 signatures opposing joint and several liability, $3 billion in higher taxes, and other provisions of the state budget. The petition drive drew the attention of The Wall Street Journal, which said the business community was urging “an urgent rethink.”

Over 4,000 Sign Petition Against Tax Hikes, Liability Expansion (6/18/09)

WMC Delivers More than 2,100 Petitions to Assembly, Gov (6/09/09)

Listen to the WMC radio ads:

New Ad: "Save Jobs for Our Families #2" (mp3 file)

"Save Jobs for Our Families" (mp3 file)



In the midst of a recession, lawmakers have passed legislation increasing corporate income taxes by more than $200 million, and are considering a State Budget Bill that includes more than $1 billion in personal income and business tax hikes.

The tax increases will be used to fund an overall spending increase of more than 10 percent over the previous two-year biennium.

In addition, the bill contains numerous policy proposals that will have a significant impact on Wisconsin business, economic growth, and future job creation. The Legislature is also moving swiftly to enact a series of separate bills that will increase and index the minimum wage; place a priority lien against an employer’s assets equal to the number of employees, multiplied by $10,950; and mandate an additional $100 million in health insurance coverages for fully insured health plans. (MORE)

For the full WMC analysis, click here.

Related Material:
Milwaukee Journal Sentinel: Business leaders decry tax increases in state budget (07/14/2009)
WMC: Stop Trying to Raise Taxes Even More(05/19/2009)
State Budget Priority Issue Papers
WMC says Tax Hikes Jeopardize Jobs
Download the Pocket Briefing of Business Threats (pdf file)
State Budget Tax Chart (pdf file)
Marvelous cuts* there, governor (Milwaukee Journal Sentinel)
Critics worry about scope of tax plan (Wisconsin State Journal)
Editorial: $1.2 billion tax hike was rushed into law (Green Bay Press-Gazette)


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COMBINED REPORTING RAISES BUSINESS TAX
Legislative leaders and Governor Jim Doyle approved combined corporate income tax reporting in a fast-track process that took less than a week from introduction to the final signing.

The proposal raises $200 million in new corporate taxes and increases those tax collections by 11 percent.

Wisconsin is in a recession, and the tax increase sailed through the Legislature and to the Governor's desk with no hearings, and no opportunity for business community input.

WMC aired radio ads to fight the proposal, which was almost killed in the Assembly. The WMC-backed amendment to remove combined reporting failed 50-49.

Below is an archive of WMC's materials related to this issue.

Click here to send a message to your legislator and the Governor to stop combined reporting. Don't raise taxes in a recession, because Wisconsin needs jobs!

Speak Out!
Stop Combined Reporting.

Listen to the WMC Radio Ad -- Save Jobs. Stop the Business Tax Hikes.


Related Materials:

Combined Reporting is a $200 Million Tax Increase During a Recession (Guest Column by James S. Haney)

Insight Column: The Physicians Have It Right! ( James S. Haney )

WMC Ads Urge Public to Oppose 11 Percent Business Tax Hike ( 2/16/09 )

WMC Opposes Combined Reporting in Stimulus Bill (2/10/2009)

Business Coalition Opposes Combined Reporting (Letter to Legislature, 2/12/09)

Business Coalition Opposes Combined Reporting (2/02/2009)



WMC Advocacy Makes News:

WMC ads target combined reporting (WRN.com)

WMC to air opposition to business tax increase (The Business Journal)

New Budget Includes Combined Reporting (WTJM.com)

Governor's tax plan scrutinized by business group Wisconsin Manufacturers and Commerce (Appleton Post Crescent)

Critics worry about scope of tax plan (Wisconsin State Journal)

Posted: July 14, 2009