We've been saying it for years: the government should not be picking winners and losers with the tax code.
And now Harley realizes that the strings the government attaches to its tax credits are not worth the money.
Good for them. If I had the money to spare, I'd buy their stock.
Harley Davidson takes the Libertarian Road on Subsidies: Wisconsin LP applauds decision
Libertarian Party: Wisconsin government micro-management fails
[Rothschild] Harley-Davidson Inc. has rejected the state’s offer of up to $25 million in tax credits aimed at keeping manufacturing jobs in Wisconsin, preferring to make its own management decisions without the strings that came with the offer from the Wisconsin Department of Commerce.
“Libertarians call for the Legislature to focus on governance and allow business owners to make business decisions. Wisconsin’s businesses are over taxed and over regulated,” said Maas. “The next session of the Legislature should focus on regaining Wisconsin’s advantages for employers; not just the large, influential ones, like Harley, but all of them. Our government should not be picking winners and losers in the economy.”Read more at www.fontcraft.com
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