MacIver Institute Reminds Wisconsin Why Kimberly-Clark Bailout Is a Bad Idea
"The proposed ‘pay-to-stay’ incentives package is a bad idea and it’s poor public policy."
MADISON – The Joint Committee on Finance today will consider an incentives package for paper products manufacturer Kimberly-Clark. In response, MacIver Institute President Brett Healy issued the following statement:
“The proposed ‘pay-to-stay’ incentives package is a bad idea and it’s poor public policy. It makes no sense to use taxpayer money to convince a company to retain workers when Wisconsin’s unemployment rate remains at an all-time low. While it’s never welcome news when a company announces layoffs, employers across the Badger State are in desperate need of skilled manufacturing workers.
“We were told the Foxconn package was a once-in-a-lifetime opportunity to recruit a new industry and a new business to Wisconsin.
“This incentives package would set the troubling precedent of using the Foxconn template for what amounts to a taxpayer bailout of a company struggling with long-term marketplace challenges. Wisconsin taxpayers cannot afford to give the once-in-a-lifetime Foxconn treatment to every business out there.
“This does not make fiscal common sense.”
More about the Kimberly-Clark Plant Closings
- Kimberly-Clark Subsidy Stalled in Senate - Laurel White - Nov 28th, 2018
- Kimberly-Clark, Unions, Push for Subsidy - Laurel White - Nov 15th, 2018
- AFP-Wisconsin to Legislators: Reject Corporate Welfare - AFP Wisconsin - Nov 14th, 2018
- MacIver Institute Reminds Wisconsin Why Kimberly-Clark Bailout Is a Bad Idea - MacIver Institute - Nov 14th, 2018
- GOP Pushes Tax Giveaway Plan That Pays More for Fewer Jobs - One Wisconsin Now - Nov 14th, 2018
- Republican Opposition to Kimberly-Clark Bill Intensifies - Democratic Party of Wisconsin - Oct 4th, 2018
- Senator Craig Statement on Kimberly–Clark Legislation - State Sen. David Craig - Oct 3rd, 2018
- Scott Walker, GOP Seek Lame Duck Session to Send $100 Million to Corporation That’s Had $1 in Net State Tax Since 2013 - One Wisconsin Now - Oct 2nd, 2018
- Governor Walker Releases Statement on Kimberly-Clark - Gov. Scott Walker - Oct 2nd, 2018
- Desperate Walker Wants to Hand Out More Election Year Corporate Welfare - One Wisconsin Now - Oct 1st, 2018
- The State of Politics: Kimberly-Clark Won’t Get Tax Break - Steven Walters - Sep 17th, 2018
- One Wisconsin Now Statements on Scott Walker Latest Corporate Welfare Scheme - One Wisconsin Now - Sep 14th, 2018
- Campaign Cash: WMC Pushes For Kimberly-Clark Subsidy - Wisconsin Democracy Campaign - Sep 13th, 2018
- Kimberly-Clark Employees Remind Us Why Bailout Is A Bad Idea - MacIver Institute - Aug 30th, 2018
- Wisconsin Budget: Walker Rewards Kimberly-Clark For Layoffs? - Jon Peacock - Aug 2nd, 2018
- Op Ed: Say No to Kimberly-Clark Subsidy - State Sen. Chris Larson - Jul 26th, 2018
- Kimberly-Clark Will Consider State Subsidy - Brady Carlson - Jul 25th, 2018
- Governor Walker Releases Statement on Kimberly-Clark, United Steelworkers Agreement - Gov. Scott Walker - Jul 24th, 2018
- Governor Walker, State Officials Push to Keep Kimberly-Clark Jobs in the Fox Valley - Gov. Scott Walker - Feb 15th, 2018
- Wisconsin Budget: The Lesson of Kimberly-Clark Layoffs - Jon Peacock - Feb 12th, 2018
- Campaign Cash: Kimberly-Clark Donated to Walker, Legislators - Wisconsin Democracy Campaign - Feb 7th, 2018
- Governor Walker Calls for Increasing Tax Incentives for Kimberly-Clark - Gov. Scott Walker - Feb 5th, 2018
Mentioned in This Press Release
Recent Press Releases by MacIver Institute
"Eight years of sound fiscal management by Gov. Walker and the conservative legislature have put Wisconsin back on the right track."
"Wisconsin taxpayers should not be a bargaining chip in a negotiation between a private company and its union."
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