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.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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
Read more about Kimberly-Clark Plant Closings here
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