You're watching...
Hate Minnesota's taxes? Come to Wisconsin
Details
-
Description
Minnesota and Wisconsin are vying for businesses' affections
- Duration 5:04
- Date Feb 11, 2013
You're watching...
Minnesota and Wisconsin are vying for businesses' affections
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
And you battled tonight.
Governors trying to steal from governor.
-- first -- Texas governor Rick Perry vs California governor Jerry Brown announced Wisconsin governor Scott Walker is taking that Minnesota governor Mark Dayton.
-- -- smack downs are all about jobs the governor's trying to lure businesses.
From one state to their own state Governor Walker tween in 2011 Illinois raise tax and income by 66% of businesses by 46%.
Now Minnesota governor is proposing a two billion dollar tax increase.
So his job growth in 2012.
Was -- twelve best among all fifty cities.
Three out perform three of our -- Abrams.
Iowa ranked thirty bit thirtieth best.
South Dakota is 44 us.
Wisconsin which by the way is open for business.
-- and help bring up the -- forty seconds.
-- -- -- -- -- -- -- -- -- Good evening good to be -- -- -- nice steady so do you try to poach some businesses from your neighbor Minnesota.
Well we're we're pointing out the differences you know as I mentioned Illinois -- the -- raise taxes and we saw how well that worked out for them they still have NASA budget problems of pension system it's a mess of the worst one of the country and and they continue to have problems in that state canal governor who for the past two years has had a Republican majority blocking tax increases now has his own party control things.
In Saint Paul and we see a two billion dollar tax increase proposed we think businesses and each of those states will give a closer look to -- -- -- you see that not only our taxes down we're continuing to lower income taxes and probably equally as important we took a three point six billion dollar budget deficit.
In turn it into nearly a half a billion dollar surplus so we're in a much better position.
And working during the grow and that's -- rankings show for example and chief executive magazine that where the twentieth best place to do business into the country.
Vs 36.
In the ranking from Minnesota -- near the bottom when it comes -- and we -- continue to improve our rankings are good people those top states out there.
I say trying to -- to Illinois or even Michigan but not Minnesota because Wisconsin Minnesota they enjoyed such a close relationship and even -- In good doing instate tuition in the different universities have been a lot of -- -- cross border business agreements.
For years between the two states some surprises you that there's now Sarah spat between.
Those two states.
Always you know governor David Ryan worked together on other issues -- -- -- bridge from the other issues you mentioned out there.
But I think particularly when you look at Hudson it's a great county which is one of the fastest growing counties in Wisconsin.
That is very much a suburban area of Saint Paul in particular.
Not much -- their way.
Is Hudson from Saint Paul then Waukesha is from Milwaukee in the Milwaukee area suburbs and southeast Wisconsin and so.
I think as businesses look at the two billion dollars of tax increases proposed there.
They're gonna look at -- an expansion I don't know that outright businesses in -- themselves will move but as they look to expand.
It's easy to go just east of the saint Croix river just like it is easy to go north of the Illinois -- flying.
And make it into a state that's had in the right direction and you look at those rankings -- they're a lot like the tallies when it comes to Super Bowl trophies for the Green Bay Packers.
Vs those of the Minnesota Vikings went out.
You have and that's not that I didn't appreciate that and -- and I do every I didn't appreciate that analogy.
I suppose -- that that there was -- corporate income taxes seven point 9% compared to the higher one -- in Minnesota which is tired nine point 8%.
But you also haven't your unemployment rate is a little bit higher than Minnesota's right now.
It is and it started out considerably higher than Minnesota's was left two years ago I -- -- what do as the governor.
Up until 2010 and left -- state pretty good shape when it comes the economy but you know at.
Overall I have to be really has visited the Minnesota and I would do what that did really did not -- -- to live up pretty hefty deficit.
-- a number states have been in terms of the economy there unemployment rate was lower than the -- Wisconsin's ours is.
Went down from about 8% down to about six and a half percent -- couple years before I was governor was as high as 9%.
But we're turning things around and I think not just when it comes to taxes since we've had the last two years property -- gone down for the first time in two consecutive years.
After twelve years of taxes going up.
We see income taxes -- my budget will go down we've streamline the regulatory climate so we can force is about common sense.
We're -- of better business model not only for businesses looking to command but for those that are here Wisconsin.
And hoping to grow here and that's one of those things writing competition is good we need to compete.
Not only with other states where there's democratic -- and even other states where there's Republican governors because we want to continue to be the best out there.
Governor -- says CN.
From the great state it was a -- it might -- -- -- --