Doug Finke, State Capitol Bureau
Friday, Oct 31, 2014
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pjohnf - Votes for Republicans switched to Democrats in Moline - Quincy, IL News - QuincyJournal.com
That's a good question, why do we never hear of democrat votes being switched to republican? I can't recall of an instance where that has happened. Maybe a die hard democrat can point out such an occurrence, We'll be waiting.
AYHSMB - Mid-America Port Authority pledged $1.3 million from Illinois - Quincy, IL News - QuincyJournal.com
Keep the faith, Givemeliberty!
AYHSMB - Mid-America Port Authority pledged $1.3 million from Illinois - Quincy, IL News - QuincyJournal.com
Or, you could use the money to move out! ;)
CoolEdge - Amazon to open facility in Illinois, hire 1,000 - Quincy, IL News - QuincyJournal.com
The Amazon business model has been based in gaining market share at the expense of profit. They were glad to lose money on every book sold, seeing it as buying loyal customers. But with the internet sales, loyalty is hard to buy. I use Amazon a lot, but I check around for other prices. They keep their prices low, and market share up, by losing money on every sale (or too many of them) This is…
eaglebeaky - Votes for Republicans switched to Democrats in Moline - Quincy, IL News - QuincyJournal.com
I've said it before, and I'm sure I'll say it again... the electronic systems are especially vulnerable to tampering, and (in my opinion) they should NOT be trusted. There was nothing wrong with the existing voting methods! Crooked, politically-connected companies (such as Diebold) saw an opportunity to make a killing at taxpayers' expense, and they took it. It's shameful.

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Millionaire tax amendment advances to House

7 months ago Doug Finke, State Capitol Bureau

Progressive income tax rejected

From Doug Finke, State Capitol Bureau :
An Illinois House committee Thursday signed off on a measure that would allow voters to decide if millionaires should pay more in state income taxes.
At the same time, the House Revenue Committee put a stake in efforts to bring a progressive income tax to Illinois by voting down a proposed constitutional amendment on the issue.
The committee voted along party lines to approve the proposed constitutional amendment by House Speaker Michael Madigan, D-Chicago, that would impose a 3 percent surtax on incomes above $1 million. Income up to $1 million would continue to be taxed at the state's personal income tax rate, currently set at 5 percent.
Madigan said his amendment would apply to the more than 13,000 millionaires in the state. He said it would raise about $1 billion a year that would be distributed to K-12 school districts on a per-pupil basis. Each school district would receive $550 per student regardless of a district's financial health.
“Within our society, those who earn over $1 million are better equipped than others to support education,' Madigan said.
Rep. David McSweeney, R-Barrington Hills, said he was concerned about the impact on small businesses, many of which are set up to pay income taxes at the personal rate rather than the higher corporate rate. Coupled with the 2011 temporary income tax increase, McSweeney said, Madigan's proposal would mean a 167 percent tax increase on those businesses since 2010.
Illinois Manufacturer's Association president Greg Baise called the idea “bad policy and bad form.”
“This is more of a perception tax than a reality,” he said. “It is a perception Illinois wants to penalize success.”
However, Rep. John Bradley, D-Marion, said the surtax is a good approach for areas like his that do not have many millionaires.
“This is an opportunity for a lot of areas in the state to actually do a lot better with minimal impact on my regions,” he said.
The proposed amendment now goes to the full House, which must approve it by a three-fifths vote. The Senate will then have to approve it by the same margin for the issue to appear on the November ballot.

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