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Walker proposes freezing corporate income tax

MADISON, Wis. (AP) — Republican gubernatorial candidate Scott Walker wants to freeze corporate income tax for two years for companies that relocate to Wisconsin.

Walker announced the plan, but not how much it would cost, on Thursday. According to liberal group One Wisconsin Now, doing that would be either a huge tax giveaway or too narrow to actually help businesses.

Walker also said he would personally meet with any employer that would bring more than 50 jobs to the state. He said he would also establish a jobs hotline for employers.

Democratic Party Chairman Mike Tate called that a gimmick and said Walker has not record of being a job creator as Milwaukee County executive.

Democratic candidate Tom Barrett has promised to create a new position within the governor’s office to deal with job creation.

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