Skip to main content
  1. News
  2. Politics
  3. Republican

Taxman Quinn cometh now

AP photo Seth PerlmanPat Quinn “We don’t have six months. We don’t have six weeks.”

 Illinois Governor Pat Quinn is asking for a third more taxes from a state that ranks as worst in the nation for economic condition. Under Quinn’s proposal taxes would increase from 3 to 4 percent to help pay for unpaid Illinois education debts. 

Residents of Illinois may not fully understand the critical nature of the economic crisis as addressed by the Governor’s proposals but most Illinois voters have some knowledge of the “Chicago Way” that pervades the state run operations. It’s therefore predictable that many look upon his proposal with skepticism.

Republican Response: Pat Brady, Illinois Republican Party Chairman.

Now at $13 billion in the red, Illinois needs to start with widespread reforms and spending cuts to fix our economic landscape. Only when the voters are confident our state government can be trusted to spend their taxpayer dollars should we start talking about increasing taxes."

In addition to raising taxes his latest proposal includes some spending cuts and borrowing more money. Even with this plan, some bills would remain unpaid. Borrowing money means paying back future money with interest, which in turn means mortgaging the states future growth and opportunities.

Quinn proposal would raise the state’s 3 percent flat income tax rate to 4 percent. Cut $2 billion. Borrow $4.7 billion. Delay payment on $6 billion in backlogged bills. 

Unpaid pension funds and other socially engineered programs figure heavily into the current economic crisis in Illinois. The budget deficit is estimated at $13 billion and Quinn states it is an urgent situation.

Will the people of Illinois understand the need for a tax increase as Quinn believes they will, or will they insist on spending reform that will prevent the enormous shortfall in the state run education systems? Will the teachers demand their union retirement funding while residents cut back on spending for food, housing, and energy use?

In a related story; Pay for Play is getting attention in education scholarships

State lawmakers today approved legislation that would put new restrictions on a much-criticized, century-old legislative scholarship program in which the perks sometimes went to to relatives, cronies and political donors.

 

Comments

Advertisement

News

  • Israel, Hamas clash in Gaza
    At least 550 Palestinians have been killed in Gaza in the third week of the war
    Video
    Video
  • Pro-Russia guards
    President Obama criticizes pro-Russian rebels for blocking off the MH17 crash site
    World News
  • National Guard at Texas border
    Texas Gov. Rick Perry sending National Guard troops to the US-Mexico border
    US News
  • Unlikely Putin defender
    The unlikeliest US politician comes to the defense of Russia's president, Vladimir Putin
    Politics
  • iPhone 6 coming soon
    Apple is gearing up for the iPhone 6, orders tens of millions of units
    Tech
  • Gynecologist settlement
    Johns Hopkins agrees to $190M settlement for patients recorded by gynecologist
    Strange News