Progress over Politics
Last week, Wisconsin Democrats announced their plans to launch an effort to recall Gov. Walker in the middle of November. This effort was widely anticipated: recall of Gov. Walker is the Democrats’ top priority, far and away. Later, Democratic Party officials were widely quoted saying they will also target legislative Republicans with recall efforts.
This week, we will be on the chamber floor working on OUR top priority: finding ways to improve the economy and create jobs. Two bills will highlight Tuesday’s floor period the Jobs Tax Credit and the Imputed Income bill.
Jobs Tax Credits: employers can currently claim refundable tax credits based on new hires and workforce training. However, the benefit isn’t captured by the business until the end of the calendar year. This bill moves up the date that these credits can be paid, beginning on July 1, 2011. The jobs tax credit was passed in the first place to give employers an incentive to hire and train workers; this bill makes that benefit more timely and more a better incentive.
The Imputed Income Bill provides a tax exemption for certain employee reimbursements. Currently, federal law exempts reimbursement payments from employer to employee, for workers covering health insurance payments for their adult dependents. This bill provides a matching state exemption, cutting down on the bureaucratic burden at the state level and helping workers who are supporting their children in tough times.
Both bills have significant bipartisan components and support.
Though the Democrats will surely criticize Republican job-creation effort for some reason or another, these are two real-world benefits to help the private sector grow.
Throughout this time of high partisan tension, Republicans continue to focus on progress, not politics. While the Democrats eye the next round of recalls or their next area of political gain, Republicans are going to continue working toward the good of the state – creating jobs and improving the economy.