Wednesday, February 23, 2011

Walker's State of the State on Tax Cuts

"In less than 30 days, I have already signed four pieces of legislation into law that will help the private sector create jobs. And on my desk is another bill giving tax relief to small businesses that I intend to sign on Friday.

The first act I signed as governor eliminated the taxes on health savings accounts, making health care more affordable for small business owners, blue-collar workers and family farmers. I want to thank Representatives Kaufert, Ziegelbauer and Stone and Senators Darling, Olsen and Vukmir for their leadership on HSAs. This change was a long time coming for Wisconsin and brings us into line with the rest of the nation.

Our second act reduced frivolous lawsuits in Wisconsin. The litigation environment in a state is one of the key drivers for business and unfortunately we were once known as “Alabama North” because of our poor lawsuit climate. 

Now, we’ve turned the page on lawsuit reform and offer one more sign that Wisconsin is open for business. Thanks to Senator Zipperer and Representative Jim Ott for their leadership on this important issue. 

Yesterday, I signed an expansion of our relocation and economic development tax credits. These measures will help our state attract and retain businesses and jobs."

As reported by: http://latimesblogs.latimes.com/washington/2011/02/wisconsin-governor-scott-walker-state-of-the-state.html

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