Gov. Walker: Higher Taxes on Wealthy Could 'Slow Things Down'

Wisconsin's Republican governor says political leaders in Washington should look to states like Wisconsin to fix the federal government's fiscal problems.

As partisan politics have taken center stage in the “fiscal cliff” discussions, Gov. Scott Walker on Friday said the federal government could find solutions to some national problems if they looked to state leaders for examples of sound policy.

“Washington would be a lot better off — regardless of party — if they just acted more like states like Wisconsin,” Walker said.

President Barack Obama has called for increased tax rates on the rich to allow for a tax freeze on the nation’s middle class, according to The Washington Post. Republican leaders are in strong disagreement, leading to House Speaker John Boehner to declare that negotiations are at a “stalemate” between the GOP and the Democrats, according to the newspaper.

Not all Republicans are against the proposed tax increases on the wealthy though — if they can negotiate other ways into fixing the nation’s deficit, according to a Reuters report.

Wisconsin Republican U.S. Rep. Sean Duffy is among those showing willingness to consider a compromise, the Reuters article states.

"I'm not at rates, I'm at revenue, I'm at loopholes," Duffy told Reuters. "But listen, revenue should be revenue, whether you are doing it by rates or loopholes."

But Walker, while speaking with Patch during a military care package packing event at Hunzinger Construction in Brookfield, said he doesn’t want to see Republicans or Democrats do anything in Washington that would harm the economy.

“We already have a slow recovery right now,” Walker said. “The last thing we want to do is retreat and go further back when it comes to the economy. We certainly don’t want to be in a position where it makes things worse. My fear is that, if you take more money out of the hands of the economy and put it in the hands of the government, that is potentially a way to slow things down.”

The Anti-Alinsky December 03, 2012 at 05:29 AM
Dirk and Mike, you are both wrong. First Mike, in order for business to sell goods and services they need a strong middle class and a solid economy. You can build all the doo-dads as cheaply as you want. If there is no one that can buy them you have just wasted your money. Dirk, the regulations I am talking about are the ones that are put in place to give bureaucrats a sense of accomplishment. Things like the thousands (at least it seemed like that) of pages we had to sign when we took out our mortgage a couple of years ago. Or how about our current mining application process. It killed the Crandon mine twenty years ago. Even after several years and hearings covering the same ground again and again, the mine still didn't get approval. No wonder the owners sold the land first chance they got. We are way too business un-friendly in this state. If you want a healthy economy, you need to give businesses a chance to operate at a profit.
Michael McClusky December 03, 2012 at 12:40 PM
@Anti You stated on your earlier post that " A lower cost labor pool does help the bottom line, but typically lower costs of living go with it." This is simply untrue. The Fed's inflationary policies are actually increasing costs of living while wages have remained virtually stagnant. The buying power of the middle class is declining, hence slower economic growth. The CEO of Verizon Wireless was on TV the other day furious over the employees of Walmart and McDonald's picketing over higher pay. He was livid that low income people would even think about having a wage even near the poverty line. It was reported that the Walton family, which are the main owners of Walmart, could give all of their employees a 20% raise just by using their federal tax breaks. Not one penny will be used for this purpose. Corporate America is sitting on 1.8 trillion dollars in cash. Oh, how they suffer.
Dirk Gutzmiller December 03, 2012 at 05:47 PM
@Anti - Your examples of unneeded regulation were put in place to protect people's health, well-being, and financial security. You are way out there on the anti-people scale, as usual. So very sorry you were burdened by signing forms at your closing for your house. Those forms protect buyer and seller alike, and assure you at least have the chance to know what you are getting into. When you look at the m.o. of that controversial mining company, Cline, supposedly interested in mining Up North, they invest a lot of time and money getting mining laws changed and eliminated, and then step in to cash in with lax government controls, pillaging and raping the environment on their way to a fast buck. They will probably never mine, just sell their interests to a real iron mining company and flip a billion profit after getting the laws changed. Some of us are not whores for business. We value the people and the land also. You make a poor case for selling out our protections we have crafted over the years.
morninmist December 04, 2012 at 05:00 PM
Less tax revenues and less spending money. @WorkingAmerica Corporate Profits Hit Record High While Worker Wages Hit Record Low | ThinkProgress http://bit.ly/YIHRHX
morninmist December 04, 2012 at 06:05 PM
KarlRoves Brain ‏@KarlRovesBrain Pres Obama is shrewd...getting GovWalker "on the record" as supporting GOP in #fiscalcliff talks, when 53% of public blames GOP, #wiunion


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