[Jean S]

Indy, I don’t know the details, but have you heard anything about WI planning on taxing out-of-state pofits by companies who do business in WI?

[bfree]

good luck to them. Just another sign of failure in a democratic state. My friends in Milwaukee are afraid Milwaukee will turn into another Detroit, I think the chances are good that their fears will come true.

[Indy Pendance]

Yes, it’s called ‘combined reporting’, passed in the latest budget. If a corp is headquartered in WI and has plants in other states around the country, they have to pay taxes in WI based upon their sales in other states. Harley just took a 22 MILLION loss in taxes. IMO, Harley will be the next company to leave this state. We’ll be left with welfare cases from Chicago, we’re doomed, ala Michigan, only worse. Obama is moving his operations north. What a fiasco.

[TheConservativeParty]

Jean, I live in WI(yes,it’s not easy) and I listen to a lot of local talk radio. I believe I heard that our lame governor Doyle has in his last budget (or wanted to have it there) a provision that says:

Wisconsin businesses who also have locations out of WI, will be liable to pay tax to WI, on profits made outside of WI. This is even though these businesses will have paid taxes in those out of state locations too.

That’s what I remember being discussed anyway.