Gov. Pat Quinn’s “millionaire tax” question, the most recent nonbinding vote added to the bloated November ballot, is not only a misguided effort to draw his base to the polls with blatant class warfare but incredibly poor public policy. Like all “soak the rich” tax schemes, the imposition of increased taxes on high-income earners will discourage new capital and entrepreneurs from entering the state.
Tagged: pat quinn
A judge in Sangamon County Circuit Court has blocked a modest reform of Illinois’ pension system for state workers and retirees outside Chicago from taking effect June 1, giving Gov. Pat “Four Counties” Quinn the excuse he’s probably been looking for to block reforms for two of Chicago’s pension plans. (I’ll explain “Four Counties” in a moment.)
With more than $155 billion in debt and a projected annual deficit $3 billion in 2015, Illinois has certainly proven it can spend like Nero. Now Chicago is inviting the state to allow it to turn to increasingly more discriminatory and greater confiscatory heights of tax on mobile broadband.
According to The Heritage Foundation, substantive reform will only occur if the agriculture policy and food stamps are separated into different bills now and in the future, so each bill can be addressed independently.
No one’s liberty or property is safe when the legislature is in session, and freedom is lost one government program at a time. Yet some people will trade freedom for comfort, especially when they perceive that someone else is footing the bill.
TweetIllinois Governor Pat Quinn on Wednesday presented his proposed budget for the next fiscal year and pronounced it “the most difficult budget Illinois has ever faced.” He added, “There are[…]
TweetThe state of Illinois is in trouble. We’re the California of the Midwest — and it’s not because we have lovely beaches. We’re moving faster every day to becoming the same[…]
TweetOne year ago, I moved from the fiscal basket case that is the state of California to the second-worst-fiscal-basket-case state of Illinois. (I sure know how to pick ’em!) The[…]