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Taxes/Taxation

The Trump Tax Bill: That’s Not Reform

Whitewater’s Community Development Authority represents a specific part of the Trump tax bill as beneficial to this city. (See press release 1, press release 2.) For today, looking at the bill generally, it’s bad for America: it’s a sham reform instead of a beneficial restructuring, and it makes this country’s outlook worse. Benjamin H. Harris and Adam…

More About that Trump Tax Bill

In the spring, Whitewater saw two Community Development Authority press releases touting a specific part of the Trump tax bill. (See press release 1, press release 2.) In response, this website replied (1) with a link to a Congressional Budget Office study implying that, overall, the  Trump bill will boost incomes for foreign investors but not…

About that Trump Tax Plan

In Whitewater, by press release (twice), one can read about the supposed benefits of the Trump tax plan. The Whitewater Community Development Authority’s executive director, Dave Carlson, was quick to push a portion of the plan as good for Whitewater. In doing so, he conceded what anyone observing Whitewater with care and concern already knew:…

‘Crony Capitalism and Social Engineering: The Case Against Tax-Increment Financing’

Whitewater’s residents may have heard, as I have, ignorant and false boasting about the benefits of tax incremental financing. It’s variously described as increment or incremental financing, but either way, it’s a plan to entice developers with taxpayer funds by segregating from the general fund, if any, the revenue generated from a development to pay…

WEDC’s Development Gurus Fail Again

All Whitewater has heard Chancellor Telfer, City Manager Clapper, and CDA Chairman Knight tout money from the Wisconsin Economic Development Corporation as though it were manna from Heaven.  We were supposed to see this money as they meant us to see it, as blessing and providence.  Meanwhile,  each time those officials flacked these public funds,…

On the Blackhawk Technical College Referendum

Over at Rock Netroots, Lou Kaye’s published a post with observations about Rock County’s politics, entitled, Community Quotes #3.  (It’s in the syle of a similar Gazette feature, but thankfully without that newspaper’s ceaseless fronting of white-collar welfare.)   On the Blackhawk Technical College referendum (four-million more annually, forever…), Kaye has three comments that sum it…

What Steve Jobs Understood About People That Local ‘Movers and Shakers’ Don’t

It’s an easy – and false – pose to assume that people can’t understand a supposedly complicated project.  There was some of this thinking in an editorial about which I commented yesterday, in the Gazette‘s contention that that “SWAG’s [Southern Wisconsin Agricultural Group’s] complex, though intriguing, always seemed grand and hard for average residents to…

Creating Taxpayers as Government’s Goal

When seeking to persuade Milton, Wisconsin’s councilmembers to regulate food trucks, an incumbent merchant recently said that more competition might put him out of business, after which he would no longer be a taxpayer.  That’s telling: the incumbent’s appeal to government – to a room full of politicians and municipal bureaucrats – is that they…

A Review of Whitewater’s Economy is Like Peeling an Artichoke

Artichokes, of course, symbolize the idea of multi-layered things, of peeling back an exterior to discover an interior truth. Whitewater’s economy is like that – one needs to peel away layer upon layer of happy-talk headlines to address the truth of our present condition. (In a way, the only indubitable success those headlines assure is…