It is no secret that Wisconsin Gov. Scott Walker, having been elected in a blue state in 2010 and surviving a recall election just 20 months later, is considered a top Republican presidential prospect heading into the 2016 election cycle. The governor’s successful reformation of the state’s legacy pension obligations in the face of stiff resistance served as a model for other Republican governors. A report in a Wisconsin political journal indicates, however, that the Badger State’s governor may boost his presidential prospects further still with a bold move: the elimination of his state’s income tax.
A report in WisPolitics.com revealed that Walker’s administration has begun an “ongoing discussion” centered on how to feasibly eliminate state-level income taxes.
“Walker said the conversation is starting now so his administration can take time well ahead of the next budget to figure out what employers, small business owners and the public believes ‘would be the biggest bang for the buck,’” the report reads.
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“There are many states that do very well, better than most states in the country, that have no income taxes,” Walker recently told reporters at the Northern Economic Development Summit. “What would that mean in terms of an economic boost? That’s not only for individuals, but small businesses in this state.”
[H/T Mediate]
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