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
- Op Ed: Growing Wealth Gap Hurts Wage Earners - Tamarine Cornelius - Jan 20th, 2019
- This Isn’t an Economic Development Strategy, This is an Extortion. - State Sen. Chris Larson - Dec 14th, 2018
- Kimberly-Clark to Keep Cold Spring Facility Open in Wisconsin - Gov. Scott Walker - Dec 13th, 2018
- Governor-elect Tony Evers Statement on Kimberly-Clark Announcement - Gov. Tony Evers - Dec 13th, 2018
- 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 conservative fiscal management put us on a better path."
"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."