WMC Identifies Grothman’s Tax Credit as “Game-Changing” for Wisconsin Manufacturers
(Oshkosh, WI) – In the ongoing debate between Republican Gov. Scott Walker and Democratic challenger Mary Burke regarding the outsourcing of Wisconsin jobs, a key achievement authored by state Sen. Glenn Grothman has emerged as a key policy reform keeping jobs here in Wisconsin.
Signed into law by Gov. Walker in 2011, the Manufacturing and Agricultural Production Tax Credit authored by Grothman (R – Campbellsport) was praised today by Wisconsin Manufacturers & Commerce President and CEO Kurt Bauer, calling the credit “game-changing” in an op-ed addressing the outsourcing debate among the gubernatorial candidates.
The op-ed, which can be found here, states:
“[T]here are state reforms that can make Wisconsin manufacturers more competitive and thus less likely to outsource, at least because of production costs. The most significant was signed into law by Governor Scott Walker in 2011. It is the game-changing Manufacturers and Agricultural Production Tax Credit, which once fully phased-in will dramatically lower the state tax burden for businesses in Wisconsin’s two most important economic sectors.”
Last week, Bauer said that the credit “protects literally thousands of Wisconsin factory and farm jobs.”
In 2011, Grothman authored and successfully passed an amendment to the state budget to create the tax credit. Wisconsin Manufacturers & Commerce (WMC) called the tax credit the “brain child” of Grothman, and gave him their Exemplar Award, the only legislator in Wisconsin to ever receive it.
Referring to the tax credit as the “most exemplary public policy initiative in support of manufacturing in more than 35 years,” WMC Senior Vice President of Government Affairs James Buchen said in 2012:
“Senator Grothman’s tremendous accomplishment will cement Wisconsin’s position as a center for manufacturing for years to come and in the process ensure that there will continue to be a ready supply of good paying manufacturing jobs for our families, our communities and Wisconsin’s future.”
WMC is the state’s chamber of commerce, represents more than 3,500 Wisconsin employers in all sectors of the economy according to their website.
Grothman is a Republican candidate for Wisconsin’s 6th Congressional District. He currently represents the 20th Senate District in the Wisconsin State Senate. The 6th Congressional District includes the counties of Ozaukee, Sheboygan, Fond du Lac, Winnebago, Dodge, Green Lake, Manitowoc, Marquette, Columbia, Waushara, and Milwaukee. Click here to view a map of the 6th Congressional District.
Contact: Brandon VerVelde - (920) 207-1899 or email@example.com