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.”

James Meyer December 02, 2012 at 01:29 PM
“Washington would be a lot better off — regardless of party — if they just acted more like states like Wisconsin,” Walker said. Ummm, Wisconsin is one of the worst states as far as job growth ranking 5th from the bottom http://wpcarey.asu.edu/bluechip/jobgrowth/jgu_states.cfm
Bucky December 02, 2012 at 02:20 PM
No dream Steve, you don't let felons off easy unless they give you enough usable information to go soft on them. Notice how Walker does all the media blitz and the D A and the feds say nothing. Walker talks to get the D A to open up about information that he thinks he may be able to use to spin lies and create his stragie but its not working for Scooter. Bottom line ... Walker will be going to prison. Like it or not.
Michael McClusky December 02, 2012 at 03:19 PM
@Hoffa Another factor that you failed to mention is the fact that the US is considered a mature economy. This has to do with the aging demographics in our society. Usually the older a person is, then the demand for big ticket items also falls. As for the middle class: unless wages noticeably increase, then the rate of demand will remain flat. The Wall Street Journal reported the other day that 38% of companies think that there will be no growth for the foreseeable future. I wonder why.
Greg December 02, 2012 at 04:16 PM
Michelle and the kids.
The Anti-Alinsky December 02, 2012 at 04:28 PM
Bren wrote: "...16+ years of data since the Reagan administration show that trickle down economics does not work as intended. If it did, our economy wouldn't be in the shape it's in and millions of U.S. jobs probably wouldn't have moved overseas..." As with most Liberals, Bren has no idea how "trickle down economics" works. Basically, you give tax breaks to EVERYONE, including the rich. This extra money in peoples pockets stimulates spending and investing. A more detailed explanation can be found here: http://useconomy.about.com/od/Politics/p/Trickle-Down-Economics-Does-It-Work.htm I did the research a couple of years ago on how much the Regan tax cuts affected tax revenues. Other than a slight drop in 1983, revenues skyrocketed. Look at OMB Table 2.1—RECEIPTS BY SOURCE: 1934–2017 ( http://www.whitehouse.gov/omb/budget/Historicals ). The simple question is, if we the same or better tax revenues based on lower rates, aren't we better off having that money in the hands of the people where it will be spent or invested? Unless of course, it really is about redistribution of wealth.
Greg December 02, 2012 at 04:39 PM
Maybe it is the 6.9% unemployment rate. In comparison to a state that follows Barry's lead, like Illinois, 8.8% unemployment and $271 Billion in debt. All done with massive tax increases.
James R Hoffa December 02, 2012 at 06:10 PM
@Bucky - You do realize that if Walker isn't ever charged that you'll like a gigantic ass, don't you?
Bucky December 02, 2012 at 06:37 PM
Tansandy and your thought will be when they toss Walker in prison that it was Obama's fault ?
Bucky December 02, 2012 at 06:38 PM
Richard Head ... Don't quit your day job you will never make it as a singer.
Bucky December 02, 2012 at 06:56 PM
Hoffa ... and if it turns out like I think it will , what will be your response ? Come on Hof I know that your smarter then that. Four convictions out of five , and the fifth is going down hard. Walkers little circle of best friends are all criminals, not to hard to figure out here. All given soft convictions in exchange for valuable information. Walker even sold out his best friend Russell and what was Walkers comment on Russells conviction, Walker condemded him. What no sadness, no tears, no heart felt feels towards your best friend Scooter ? Lets see how it plays out Hof but my monies on Walker going to Levenworth.
morninmist December 02, 2012 at 07:42 PM
@Govwalker--YOU are one slowing things down! @progress2day: #ALEC + Walker = Jobs killed in Wisconsin http://bit.ly/V4xebX #GOPjobKillers #wiunion #wiright #p2 #p2b #tcot #topprog
morninmist December 02, 2012 at 07:43 PM
And taking tax money from public schools to fund private schools is WRONG! @GovWalker Test Scores show voucher schools need accountability http://www.jsonline.com/news/education/scores-show-voucher-schools-need-accountability-t87s06b-181693671.html … … … … … … #wipolitics
morninmist December 02, 2012 at 07:44 PM
Walker --YOU are a joke! @Progress2day @GovWalker will give advice on job creation- ha ha & meet with Obama about fiscal cliff http://www.jsonline.com/blogs/news/181605221.html …
morninmist December 02, 2012 at 08:37 PM
What would Walker know--he can't even run a state. @GovWalker WEDC hires outside help after losing track of millions of loan dollars http://po.st/nSh6bY #wiunion #wipolitics
morninmist December 02, 2012 at 08:38 PM
@James... ha ha. your post is a joke. @GovWalker WEDC hires outside help after losing track of millions of loan dollars http://po.st/nSh6bY #wiunion #wipolitics
morninmist December 02, 2012 at 08:39 PM
Walker needs to keep tract of WI tax payer money first. @GovWalker WEDC hires outside help after losing track of millions of loan dollars http://po.st/nSh6bY #wiunion #wipolitics
Greg December 02, 2012 at 09:32 PM
Is morninmist now batting for the other team? Confusion is the primary trait of a lefty.
Greg December 02, 2012 at 09:37 PM
WEDC is still doing better than WEAC.
Bucky December 02, 2012 at 11:47 PM
You should have been tossed in prison for fraud.
The Anti-Alinsky December 02, 2012 at 11:56 PM
morninmist is just spouting the same old claptrap that we have proven wrong over and over and over. If the people don't buy it the first time, keep bringing it back until they do.
The Anti-Alinsky December 03, 2012 at 12:03 AM
morninmist wrote :"@Govwalker--YOU are one slowing things down!..." Not according to Chief Executive magazine. We went from 24 to 20 for best economic climates. Sure beats being at the bottom with Illinois, New York and California. http://chiefexecutive.net/best-worst-states-for-business-2012
Dirk Gutzmiller December 03, 2012 at 12:55 AM
Anti: CEOs prefer states with low labor costs. Also, they prefer higher unemployment rates so the workers are more desperate. Why wouldn't they?
The Anti-Alinsky December 03, 2012 at 01:03 AM
Actually Dick, CEO's prefer a state where they are able to make a profit more easily. When a state burdens the business climate with unnecessary regulations and burdensome taxes. they are less likely to do business there. A lower cost labor pool does help their bottom line, but typically lower costs of living go with it.
Dirk Gutzmiller December 03, 2012 at 01:36 AM
Actually Anti, you need to come out of the closet with what you so generally and conveniently condemn as "unnecessary regulations" . No one wants truly unnecessary regulations. But, of course, you are talking about regulations regarding air and water pollution, worker safety, zoning, environmental protections, etc. You are also inferring adding new laws, like tort limits.
Michael McClusky December 03, 2012 at 02:18 AM
Actually Anti, CEO's prefer their employees to be in a state of desparation period.
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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