Political Environment: Beloit billionaire businesswoman Diane Hendricks asks Walker: “Any chance we’ll ever get to be a completely red state and work on these unions and be-come a right-to-work state? What can we do to help you?”
Walker replied: “Well, we’re going to start in a couple weeks with our budget adjustment bill. The first step is we’re going to deal with collection bargaining for all public employee unions, because you use divide and conquer.” It’s not known which loop- holes ABC Supply used to avoid income taxes.
Diane Hendricks, during a three-month period in 2012, donated $500,000 to Walker’s campaign, according to the Wisconsin Democracy Campaign. Hendricks, whom Forbes magazine says is worth $2.8 billion, heads Beloit-based ABC Supply Company … ABC Supply paid exactly $0.00 in state corporate income tax in 2005, 2006, 2007 and 2008, according to the state Department of Revenue.
Monday, May 14, 2012
Diane Hendricks paid no state corporate income but still wants lower taxes
So what does it say about a billionaire who paid no corporate taxes for four years requesting lower taxes and fewer regulations? We all know that answer to that: