When Governor Pritzker announced a $41.5 billion capital spending plan a couple weeks ago we thought it was surely just a pie-in-the-sky first offer – that economic realities and unpopular tax hikes needed to fund so massive a plan would chop it down to something reasonable.
Silly us. The plan has now increased to $45 billion.
To get a sense of the enormity of that number, consider that it’s over twice the state’s combined annual revenue from personal and corporate income taxes. It dwarfs all recent capital spending programs. The Illinois Jobs Now capital plan under Governor Pat Quinn was for $18.0 billion in new projects and $11 billion of reappropriations from previous years. Governor George Ryan’s Illinois FIRST was for $12 billion. The Build Illinois program under Governor Jim Thompson was $2.3 billion.
It took just seven minutes for Illinois state senators on Wednesday to advance major legislation that would revamp how personal income is taxed since the state income tax was enacted 50 years ago.
The 40-19 vote in the Democrat-controlled Senate approved a proposed amendment to the state constitution to eliminate the flat tax requirement and paved the way for a graduated-rate income tax, which would charge higher rates on higher incomes, the Chicago Sun-Times reported. The plan is a top legislative priority of Democratic Gov. J.B. Pritzker.
When a powerful chairman of a committee of the House of Representatives has a wife that is bringing in money from entities with interests before his Committee and she is not providing the transparency mandated by the IRS, there’s a serious problem. The potential for corruption in this situation is simply off the charts and can’t be understated. We hope Chairman Cummings works with his wife to end the stonewalling and provide the public with what’s legally mandated all charities provide.
America’s most pressing crisis is the death of the middle-income working class, and the willingness of the coastal elite to push policies responsible for much for the devastation. The economy isn’t working for a lot of ordinary, working class Americans, and it’s part of the reason President Trump was elected. Tucker Carlson has delved into […]
Nearly 11 million undocumented immigrants currently live within our borders. That’s 11 million people living in the shadows whom we know next to nothing about. Congressman Steve Israel, D-NY A “Fair Share” for the Shadows Progressives consistently claim that many American’s aren’t paying their fair share. Eating the Rich supposedly solves income inequality in […]
Last week, prior to the end of the California’s legislative session, I detailed how CA was days away from passing legislation making California the first “Sanctuary State” in the Union, providing sanctuary to at least 3 million illegal aliens who cost Californian’s $30.3 billion dollars per year. As predicted, the legislation passed along party lines. […]
Where sense is wanting, everything is wanting Benjamin Franklin This week, the California state legislature will vote to become a sanctuary state–and it will pass. This passage will provide sanctuary to approximately three million illegal aliens and their children. In other words, one in ten Californians are undocumented. According to new data from the U.S. […]
If you think they are going to give your country back without a fight, you’re sadly mistaken.
Free enterprise has done more to reduce poverty than all the government programs dreamed up by Democrats. Ronald Reagan In a recent study by the Kaiser Family Foundation, 24 states have a majority of births financed by Medicaid. You read that right. A majority of births in nearly half of our nation are born […]
The Founder of Whiskey Politics, Dave Sussman, interviewed me this week to discuss federal investigations on rampant voter fraud, a massive illegal alien tax scheme #ITIN, how California’s insanity will spread nationwide and breaking news on how James Comey’s firing may impact Hillary Clinton. Click on this link and enjoy a commercial-free interview. We cover the […]