And while I was getting all that "Mark Bellowing Belling" out of my system, it looks like the editorial board at the Journal, in the words of one of our local cheddarsphere bloggers, have finally eaten their Wheaties. A number of our local so-called neo-con whiners have been complaining about Wisconsin's recent slip in tax status down to #39. Boo hoo. And they've been screeching like baby owls about this as if it means no more chewy treats.
Unfortunately, out in the real world, tax rates aren't the only factor determining where companies locate their HQ's -- or any of their other divisions.... that only happens in the blog-universe, where no one has to use real numbers or have their arguments challenged and the satisfaction of whining never seems to end.
Anyway, the link and a snippet from the the Journal Editorial:
Editorial: The howling class
The howlers are barking over Wisconsin's business tax climate, and they have a point, but it would be more productive to build consensus for solutions.From the Journal Sentinel
Posted: Oct. 15, 2007[...]
Thirty-seven Fortune 500 companies call the Chicago/Milwaukee corridor home - eight in the Milwaukee region alone. Milwaukee is a national leader in business clout by that measure on a per-capita basis. There is a reason for that. It's still a good place to do business.
Um, and locally, let me mention Gehl Co. whose new R&D division placement was secured only partly with the usual tax breaks, but also -- and explicitly -- with the recognition of professional/educational resources available here. If things were really that lousy here, then why would 13.5% of the top 500 companies in the US keep their HQ's here?
Do the Howlers suppose that Miller stayed in Milwaukee out of nostalgia? If they do, they've been eating more than owl-caught mice.
Think about it, we're still ahead of California and New York in terms of tax status and yet some of the remaining 76.5% of major corporations have their HQ's in LA and NYC. Startling.
As usual, thinking about it ruins all the fun of whining.
I was never a fan of Coors, btw, but maybe Miller will straighten out their recipe.