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Monday, April 29, 2024

Senate passes job creation tax credit bill

The state Senate passed a bill Thursday that will grant tax credits to businesses based on how many jobs they create.

This bill marks the latest in a series of ""business friendly"" legislation created and passed since the new Republican legislature took over Jan. 3.

Democrats have criticized this bill and others for wasting state money on initiatives that they say will not actually create jobs.

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""It's a sad commentary on the lack of success in the ‘Jobs' special session that the Republicans' proposals have done more to increase the budget deficit than create jobs,"" Senate Minority Leader Mark Miller, D-Madison, said.

However, Senate Majority Leader Scott Fitzgerald, R-Juneau said the criticism is unwarranted.

""It seems like every time the Democrats say ‘you're not doing anything about jobs,' we pass another jobs bill,"" Fitzgerald said in a statement. ""They were out of touch in the majority, and now they're out of touch in the minority.""

Gov. Scott Walker praised the bill as an important step in his administration's effort for job creation.

Walker also signed the party-polarizing tort reform bill into law, which will decrease business liability in the state.

Ariel Shapiro

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