Defend Wisconsin News Round Up

We bring together news links on the subject of Wisconsin politics. For latest political news, follow Defend Wisconsin News Round Up on Twitter!

Thursday, March 24, 2011

Liar, liar...

"Walker said 98 percent of small businesses "will be eligible" for job-creating tax relief under his emergency plan to jump-start the lagging Wisconsin economy. There are that many businesses under the $500,000 threshold -- but that’s just the beginning of the story.
They may all be eligible to apply, but many won’t qualify for a tax credit of any significant size. And the number gets substantially reduced because unprofitable businesses won’t see a credit until they turn around. Even business advocates don’t contend it would help recipients create jobs, as Walker claims."

No comments:

Post a Comment