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COALS TO NEWCASTLE, CORN TO IOWA, CHEESE TO WISCONSIN

December 07, 2007

An alert reader passes this along:

You think Iowa politicians come up with goofy ideas for tax giveaways? Wisconsin's Governor wants to give a tax credit to cooperatives.

Sounds good, Wisconsin is the dairy state and all that. Except cooperatives are already tax exempt in Wisconsin.

The credit is on the second page of the document at this link, just above the "Whey Initiative." All they need to do is figure out a way to burn cheese, and they'll get alternative fuel tax credits too.

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