
Jon Peacock: Kimberly-Clark proves tax giveaways don’t stop layoffs
One of the Fox Valley’s largest employers has announced it is closing two Wisconsin plants and eliminating 600 jobs—but that won’t change its eligibility to claim a state tax credit that nearly eliminates the requirement for manufacturers to pay state income taxes. That’s because businesses can claim the credit even if they lay off workers, shutter factories, or ship jobs overseas.