WMC's Buchen: Doyle Budget "Moving Us In the Wrong Direction"
Wisconsin Manufactuers & Commerce vice president of government relations Jim Buchen has a list of suggestions for the 2007-09 budget.
Among them is to decrease benefits to public employees, protect segregated funds, and pass a bill introduced by Sen. Ted Kanavas, R-Brookfield, and Rep. Robin Vos, R-Racine, to reduce all of Wisconsin's individual income tax brackets by one percent of the rate.
Buchen also says WMC is in opposition to Gov. Jim Doyle's proposal to raise the property tax cap to 4 percent, to assess a 2.5 percent franchise fee on oil companies, and to place a 1 percent assessment on hospitals in an attempt to capture more federal money. WMC is also opposing the governor's plan for Wisconsin to join the multi-state Streamlined Sales Tax Agreement, saying
"adopting SSTA as drafted effectively raises business taxes by an amount estimated to be in the tens of millions of dollars."
Click here to read Buchen's testimony.
