Broken Walker promise #1 | Wis.Community

Broken Walker promise #1

Scott Walker pulls a bait and switch. The Journal Sentinel reports:

Gov. Scott Walker is proceeding with a campaign promise of passing a tax cut for small businesses but in the process substantially reducing the size of businesses that would be able to claim it.

Walker and aides Wednesday released details of the draft legislation for the first time, saying that businesses with gross sales of less than $500,000 a year and an income tax liability could qualify for the proposed tax credit. They said the measure would faithfully carry out his campaign pledge.

In September, Walker had said the income tax cut would apply to businesses with "50 or fewer employees." An economist and an accountant Wednesday said that businesses with as few as a dozen employees could have difficulty qualifying for the credits under the revised proposal.

State Rep. Jennifer Shilling exposes what Walker's proposal really would do: Allow a self-employed person making up to $500,000 a year to get a tax credit. How many jobs would that create?

The proposal is clearly not what Walker promised during his campaign. Want to bet what the Journal Sentinel, which says it's tracking his promises, will say?

Published

January 6, 2011 - 10:27am

Author

randomness