IWF's H-D Report: Combined Reporting Not An Issue

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Despite pleas from Harley-Davidson not to politicize state tax policy (combined reporting) in their efforts to extract concessions from its labor union, local Republican candidates continue to denigrate and waste Wisconsin's business climate in their misleading tax campaign against Democrats.

IWF Excerpt:
(Titled - Harley-Davidson: No reason to re-open corporate tax loopholes
Combined reporting is designed to ensure tax fairness. Because some large corporations were able to use legal techniques to eliminate their Wisconsin tax liability, other firms — all other taxpayers, in fact — were required to pay more to make up the difference. It was a slanted playing field favoring the largest companies willing to be the most aggressive in their tax-avoidance tactics.

Those who continue to use Harley-Davidson to attack Wisconsin revenue policies, and those who argue that combined reporting damages a state’s job totals, are all making spurious claims unsupported by the facts. -- IWF

Read the full Institute For Wisconsin's Future (IWF) report here.

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