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Demovictory9

(32,421 posts)
Thu May 3, 2018, 09:21 PM May 2018

Economists are mystified by the economic purpose of Gov. Walker's election year bribe

Wisconsin Gov. Scott Walker is sending 671,000 families an election-year check. Democrats call it bribery.

Starting May 15, parents in Wisconsin can log on to a state-run website, answer a few questions and sign up to get checks worth $100 per child.

To Gov. Scott Walker (R), who drove the one-time tax payout into law, it's a chance to turn a state budget surplus into a bonus for parents who could use extra cash. To his critics, who note that Walker is a few months away from a tough reelection bid, it looks like campaign-year bribery of the up to 671,000 families who could receive checks.

And to independent economists, it's a mystifying piece of tax policy that has no clear long-term economic purpose and few, if any, recent comparable examples, given that tax breaks are traditionally incorporated for tax filing season — not in the months before an election.

“This is really weird. I have never heard of anything like this,” said Richard Auxier, who tracks state tax policy for the Tax Policy Center, a nonpartisan think tank.


Scott Drenkard, a tax expert at the Tax Foundation, a right-leaning think tank, was also puzzled.

“This is definitely odd and unique. I haven’t seen anything like it before," he said. "It’s political catnip, but it’s hard to see how it improves economic outcomes.”


https://www.washingtonpost.com/news/wonk/wp/2018/05/03/wisconsin-gov-scott-walker-is-sending-every-family-an-election-year-check-democrats-call-it-bribery/?utm_term=.6b548bc7997c
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Economists are mystified by the economic purpose of Gov. Walker's election year bribe (Original Post) Demovictory9 May 2018 OP
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