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Big Walker Donor Paid $0 in Taxes

i May 24th 2 Comments by

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(Wis. AFL-CIO) – A new video has surfaced in which Gov. Walker tells billionaire businesswomen Diane Hendricks, owner of ABC Supply Company, that attacking collective bargaining rights for public employees is just the “first step” in his “divide and conquer” plot to bust unions.

Diane Hendricks recently gave Gov. Walker $500,000 dollars and is Gov. Walker’s single largest campaign contributor.   What you may not know is that Hendricks’ company, ABC Supply, pays $0 in corporate state income taxes.

According to the report by Institute for Wisconsin’s Future, ABC Supply paid exactly $0.00 in state corporate income tax in 2005, 2006, 2007 and 2008, according to the state Department of Revenue. Tax data for more recent years were not available when the information was requested from the department.

Visit http://www.wisconsinsfuture.org/  to view the report Who Does Not Pay Taxes.

Forbes magazine calls ABC Supply “the nation’s largest roofing, window and siding wholesale distributor.”  It is estimated that annual sales approach $5 billion.  While ABC Supply may be a huge money-maker for Hendricks, the Wisconsin corporate income tax returns she files claim the company makes not a penny in taxable profit.

Why is it that Gov. Walker publicly states that he does not want to destroy private sector unions, but the truth only comes out when he is kissing and hugging a billionaire campaign donor?

What Gov. Walker did not anticipate is that the people of Wisconsin would unite against his “divide and conquer” strategy and mount one of the largest grassroots efforts to reclaim their state in recent memory.

Comments

  1. Joe
    May 31, 2012 at 1:05 pm

    Yeah because it wasn’t Jim Doyle as Governor in 2005, 2006, 2007, and 2008. Jim Doyle – Democratic : January 6, 2003 – January 3, 2011

    Reply
    • admin
      May 31, 2012 at 1:11 pm

      Joe, if you’re saying Jim Doyle gave tax breaks to business and working families had to make up the difference, you are absolutely correct. We’re sick and tired of being blackmailed and held hostage to the so-called “job creators”.

      Reply

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