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Comments posted by JimP

On Wisconsin congressman angry over judicial appointment

Posted on October 1 at 3:19 p.m. ( Suggest removal )

gpawcat where do you get your info because it is totally wrong.


On Sales tax revenue declines for first time

Posted on September 14 at 12:45 p.m. ( Suggest removal )

State sales tax is 5 % the .5 is county tax


On State offered $409 million incentive package in failed GM bid

Posted on September 14 at 11:45 a.m. ( Suggest removal )

Incentives are not just for auto industry jobs States have been giving tax incentives for businesses of all types for well over 25 years.


On Sales tax revenue declines for first time

Posted on September 14 at 9:52 a.m. ( Suggest removal )

What I want to know are the state employees getting a raise because there are no new jobs on the horizon to warrant a 3%increase in income.


On Nearly 9 percent in Wis. without health insurance

Posted on September 10 at 2:14 p.m. ( Suggest removal )

Employers are already dropping insurance coverage and the poverty rate is climbing

http://www.nytimes.com/2009/09/11/us/11p...


On Mercury Marine to close Okla. plant within 2 years

Posted on September 7 at 4:36 p.m. ( Suggest removal )

Buisnesses need to make a profit but instead of just profiting and expanding they are breaking the middle class in their profit taking schemes.

The top 10 percent of the population carried away some 48.5 percent of all reported income in the US in 2005—also the highest percentage since 1928, on the eve of the Depression—an increase of 2 percent from 2004, and up from 33 percent of the reported total in the late 1970s.

http://www.wsws.org/articles/2007/mar200...


On Evansville bank to buy two Amcore banks

Posted on August 19 at 3:55 p.m. ( Suggest removal )

They are trying to raise cash to save there core business.

Amcore sold two banks last week.

Monroe and Argyle to First National Bank and Trust Co.


On Construction to begin on new Janesville hospital, clinic

Posted on July 16 at 9:43 a.m. ( Suggest removal )

Good news but why wait to read it, go to nbc.com


On Janesville GM plant will not get new product

Posted on June 26 at 11:29 a.m. ( Suggest removal )

Patterson confirms: GM picks Orion plant for new small car
Robert Snell / The Detroit News
General Motors Corp. confirmed this morning it has chosen its Orion Township plant over factories in Tennessee and Wisconsin to build a new small car, according to Oakland County Executive L. Brooks Patterson.

http://www.detnews.com/article/20090626/...


On Wisconsin delegation to meet with GM officials

Posted on June 10 at 9:06 a.m. ( Suggest removal )

Wisconsin does not tax businesses to the max!

Many business services like advertising, computer consulting and accounting are untouched by the 5 percent sales tax. Other sales tax exemptions include all manufacturing raw materials, pollution abatement/waste treatment/and recycling equipment.

For smaller businesses or corporations doing business ONLY in Wisconsin, paying their income tax is pretty straightforward and void of clever loopholes. Wisconsin’s flat corporate income tax rate at 7.9 percent with "separate reporting" seems fair when compared with our flat rate neighbors like Illinois at 7.3 percent and Minnesota at 9.8 percent.

On the other hand, huge national corporations with subsidiaries in multiple states like those listed below use a variety of perfectly legal shenanigans (Las Vegas loophole) to shift profits and thus avoid paying any Wisconsin income taxes through separate reporting.

According to Department of Revenue 2003 records, 62 percent of Wisconsin businesses paid absolutely NO corporate income taxes. McDonalds, Merck, Microsoft, Pepsi-Cola, Kimberly-Clark, Kohls, Snap-On Tools and Johnson Controls were in this list.

Source:
http://www.newsofthenorth.net/article/Co...

Also see: The Big Myths about Taxes and Spending in Wisconsin

http://www.cows.org/pdf/rp-bigmyths.pdf


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