If you ever wondered who really pays the tab for all the bribes that private sector corporations extort from government, this makes it pretty clear.
So now the county executive thinks the overwhelming majority of Fond du Lac County residents who don't work at Mercury Marine should pay a sales tax so that Mercury Marine might be bribed into keeping a couple hundred desk jobs around a while longer? Now there's a brilliant economic development idea. Force taxpayers to fund corporate welfare for a single company that wants to get the hell out of town anyway.
Perhaps Wisconsin politicians should focus more on lowering corporate tax rates instead of using tax revenue to selectively entice withering, dying industries to stick around a little longer.
If Mercury Marine accepts local government's incentive package to keep its headquarters in Fond du Lac, a county sales tax would likely be imposed for the first time to help pay the costs.
Fond du Lac County is one of 11 Wisconsin counties without a county sales tax.
"A sales tax would be an absolutely essential part for Mercury (incentives) — any of it," said Fond du Lac County Executive Allen Buechel.
By law, a county sales tax would add one-half of 1 percent to the existing 5 percent state sales tax.
Estimates are that a county sales tax in Fond du Lac County could generate $6 million to $7 million annually.
So now the county executive thinks the overwhelming majority of Fond du Lac County residents who don't work at Mercury Marine should pay a sales tax so that Mercury Marine might be bribed into keeping a couple hundred desk jobs around a while longer? Now there's a brilliant economic development idea. Force taxpayers to fund corporate welfare for a single company that wants to get the hell out of town anyway.
Perhaps Wisconsin politicians should focus more on lowering corporate tax rates instead of using tax revenue to selectively entice withering, dying industries to stick around a little longer.
