SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Afternoon shorts

Tuesday, Jan 31, 2006

Those kinda weird little Tribune-only “debates” continue with the Democratic primary contenders for treasurer.

Meanwhile, the Democratic primary candidates for state treasurer — Alexi Giannoulias and Paul Mangieri — answered questions Monday from the Tribune’s editorial board.

Asked about the state’s underfunded pension system, Giannoulias, a Chicago bank executive, said Illinois needs to look at possible reforms but said he did not know “which ways are most feasible.” Mangieri, Knox County state’s attorney, said the state should instead focus on new revenue sources. He cited as one possibility a proposal by a Downstate lawmaker to auction off a gambling license to help fund the pension system.

The RMMF Blog has a fine farewell to Ben Kinningham. The guy is a rock and he’ll be greatly missed at the Statehouse. Looking forward to the party tonight.

Rick Klau is disappointed with Christine Cegelis’ latest feeble attempts at fundraising.

Some of the numbers are in for the 6th Congressional Democrats. And while I’ve been a supporter of Christine’s in the past, I have to say these numbers don’t look good:

* Raised: $68k
* Spent: $77k
* Cash on hand: $39k
* Debts owed: $39k

Once you subtract debts from cash on hand, the Cegelis campaign has $184.54.

(Emphasis added.)

Here are the latest filed state campaign disclosure reports. Consider this a campaign finance open thread.

- Posted by Rich Miller   30 Comments      


Question of the day

Tuesday, Jan 31, 2006

I apologize for the very long set-up, but it’s a wonky issue and we need to look at the arguments first.

These ten state revenue enhancement options come from Voices for Illinois Children.

1 State fees for new construction
New housing construction attracts families and adds students to local schools, creating a need for more classrooms. Over the past 12 months almost 50,000 single family housing construction permits were issued in Illinois. A state-assessed fee of $1,000 per new unit could provide over $50 million each year. The potentially harmful impact of this fee on the supply of affordable housing could be lessened by structuring the fee as a percentage of the home’s value. Assessing state impact fees for commercial development and housing rehabilitation could be an additional source of revenue. State construction fees would provide an ongoing, common-sense source of funding for state bonds and Capital Development Board grants.

2 State entertainment sales tax
If the state sales tax rate of 5% were applied to arts, entertainment and recreation, the state could raise an additional $100 million each year.

3 Means-test the education expense credit
There currently is no income limit on this credit, which is used to offset expenses for K-12 education. As a result, relatively affluent taxpayers receive most of the benefits from this tax break. Taxpayers with incomes of $60,000 or more account for 65 percent of the tax relief. Allowing the expense only for taxpayers with incomes below $60,000 would recoup an estimated $40 million for the state.

4 Means-test or cap the property tax credit
Currently, state taxpayers may claim a tax credit of 5% of their property taxes. This credit cost Illinois more than $380 million in FY2004. Creating a means-test would preserve the benefit for low- and middle-income families, while reducing the benefits to wealthy homeowners. Alternatively, capping the credit at $300 would accomplish the same goal.

5 Cap the retailer’s discount
This tax break was enacted in 1959 to off-set retailers’ expenses for computing and collecting the state sales tax. Today, the burden is largely eliminated by computerized collection and accounting systems. The retailer’s discount cost the state more than $113 million in FY2004. Capping the discount at the first $1 million of sales taxes collected could provide appropriate protection for small businesses.

6 Reduce the amount of the retailer’s discount
The retailer’s discount currently is set at 1.75% of their sales tax collections. Reducing the amount retailers receive for administrative costs to 1% of their collections would save the state an estimated $50 million.

7 Phase out the income tax exemption for retirement income over $75,000
Illinois is one of only three states that exempt all retirement income from taxation regardless of the wealth of the taxpayer. The exemption applies to income from a CEO’s 401(k) as well as a state retiree’s pension. Currently this exemption costs the state $763 million annually. Taxing some retirement income for high-income retirees could generate hundred of millions of dollars of revenue annually.

8 Collect sales and use taxes from remote vendors (long-term alternative)
Last year, Illinois lost an estimated $180 million in use taxes on internet purchases, and stands to lose more in the future as e-commerce increases. Illinois law requires that consumers report purchases from out-of-state vendors on their state tax returns and pay a use tax, but few taxpayers actually do so. The U.S. Supreme Court’s 1992 Quill decision prevents the state from requiring remote merchants to collect use taxes, but also indicates that Congress is free to change that rule. The Streamlined Sales Tax Project is a national effort to encourage Congress to authorize states to require collection of taxes from out of state purchasers. It currently has 13 member states and six associate member states, but Illinois is not yet a member. We should join this important effort. In the meantime, voluntary use tax collection from retailers without a physical presence in Illinois can be encouraged through an amnesty program for accounting errors.

9 Expand the sales tax base to more services purchased by households
Services are the largest and fastest growing sector of the Illinois economy, yet the state exempts most services from sales tax. Illinois taxes fewer services than all but six other states. Taxing services purchased by households could generate an estimated $1.8 billion in new revenue.

10 Increase the personal income tax rate
Illinois’ maximum personal income tax rate is the lowest in the country, of the 41 states that impose an income tax. Moreover, state income taxes can be deducted from federal income tax obligations, lowering the effective rate of any increase. The increased burden on low- and moderate-income families resulting from an income tax increase can be offset by expanding the Illinois Earned Income Tax Credit to 20 percent of the federal credit. Increasing the personal income tax rate from the current 3% to 4% would generate $2.7 billion, and increasing it to 5% would generate $5.4 billion in new revenue. In addition, the corporate income tax rate could be increased, although Illinois’ existing corporate tax rates are already high when compared with those of other states.

What do you think?

- Posted by Rich Miller   39 Comments      


Oy

Tuesday, Jan 31, 2006

As promised in today’s Capitol Fax, here is that story about Steve Rauschenberger’s apparent flip-flop.

Primary voters vote separately for governor and lieutenant governor, but when Rauschenberger announced his decision, he indicated he would step aside if Topinka won.

On Monday he said that was “really still pretty much true.” But he seemed to leave himself some wiggle room, saying that if he were to win by a large margin and Topinka was the Republican candidate, “I’d do the best to work with her.”

“I’ll run with whoever the voters pair,” he said.

He didn’t “indicate” anything when he teamed up with Ron Gidwitz. He flat-out said he’d drop out if Topinka won.

If this gets picked up by other media and Rauschenberger doesn’t forcefully deny that he said it, Gidwitz is gonna look pretty silly. Thoughts?

- Posted by Rich Miller   19 Comments      


JBT wants to keep exec order

Tuesday, Jan 31, 2006

Does this hurt her much in the Republican primary?

Parting ways with other Republican candidates for governor, Judy Baar Topinka today she would not overturn Democratic Gov. Rod Blagojevich’s rule requiring pharmacies to provide the “morning after” contraceptive pill. […]

In April, the Democratic governor ordered pharmacies that sell federally approved contraceptives to fill prescriptions for emergency birth control if they have the medication in stock. If an individual pharmacist refuses, the drugstore must have someone else available to provide it.

The contraceptive works by keeping fertilized eggs from implanting. Some opponents consider that an abortion, and they say pharmacists should not be required to provide the pill if they have moral objections.

Other Republican gubernatorial candidates have said they would reverse Blagojevich’s rule if they are elected.

But Topinka, the state treasurer and leader in polls in the GOP race, said she does not believe the emergency contraception causes abortions. She said it helps prevent abortions by preventing unwanted pregnancies.

- Posted by Rich Miller   20 Comments      


Oops

Tuesday, Jan 31, 2006

I’m a big fan of citizen reporting, and everyone makes mistakes, but a serious problem occasionally arises when partisan bloggers are blinded to an obviously fake story - just the sort of thing they love to trash the “mainstream media” for doing.

Yesterday, a Daily Kos member reported on a Republican-sponsored State of the Union Address watching party in Bloomington. The party supposedly featured a Jesse Jackson piñata and was to be held at a gay themed bar. The party was advertised on a Republican site.

The writer eventually admitted that he had been duped, but not before 200 angry Kossacks weighed in on the latest outrage.

To his credit, the Archpundit (a partisan blogger himself) figured out the hoax right away.

- Posted by Rich Miller   3 Comments      


PREVIOUS POSTS »
* Crain's: "Market-based" solution is rigged
* Even more problems for Schock
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * Mobile Printing App 'Printer Pro' Named Apple's Free App of the Week
        * AutoWear is a Tasker plug-in for your Android Wear device
        * VLC update adds in-app extensions, resume playback, Android TV support, more
        * Ericsson seeks US sales ban of Apple iPhone, iPad in patent lawsuit barrage
        * Ericsson Sues Apple Over Patent Licensing, Seeks To Block iPhone And iPad Sales
        * Mix like a DJ, mix free with djay Free
        * Galaxy S6 and S6 Edge renders shown off in Sprint promo

        * ​The Best Way to Keep Your Cheese Fresh (Without Pricey Cheese Papers)
        * Top Off Your Batteries With These Discounted Anker Chargers
        * Benchmark Leads $7.4 Million Round in Live Games Platform PlayFab
        * Gawker Media’s Nick Denton Goes It Alone: The Code/Media Interview (Video)
        * How to Get Smartphone Service While Traveling Abroad
        * Ensuring a Successful OpenStack Deployment
        * The Importance of Self-Compassion and Curiosity to Getting Fit

        * First week of camp in the books for improved White Sox
        * Maximizing speed Coleman's mission with White Sox
        * Davidson reclaims zeal for game, confidence
        * Terrerobytes: Jose Quintana shows up on the radar
        * Coleman infuses passion for baserunning into discussion
        * Melky aims to be catalyst from No. 2 spot
        * White Sox feel pain of Bulls', Blackhawks' injuries

        ...............


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        February 2015
        January 2015
        December 2014
        November 2014
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Rauner appoints board members at three universi.....
        * Reports: 9 dead from possible shootings in Texa.....
        * New SIU Board of Trustees appointed..
        * What does Rahm's rough week mean for suburban c.....
        * Gov. Rauner appoints West Side minister to coll.....
        * Rauner appoints board of trustee members at 3 s.....
        * CHILD CARE..
        * Green Light $175M In Tollway Deals..


        * State nears decision on proposed eastern Illinois coal mine
        * Rauner appoints board of trustee members at 3 state colleges
        * Hesburgh, former Notre Dame president, dies at 97
        * Rockton house fire kills 1, injures 1
        *
        * US court declines to decide Illinois' benefits issue
        * Illinois plan would aid Exelon nuclear plants
        * Trucker convicted in 2014 fatal Illinois Tollway crash
        * Southbound Interstate 65 reopens after semitrailer crashes
        * Park advocates: More time needed on Obama library decision

        * Lt. Gov. Sanguinetti says GOP should court women, Latinos
        * Explore salary information for the state of Illinois
        * State Rep. Raymond Poe to be back at work next week
        * State plan would aid Exelon nuclear plants
        * Sanguinetti says GOP should court women, Latinos
        * Federal appeals court declines to decide Chicago retiree benefits issue
        * Federal appeals court declines to decide Illinois retiree benefits issue
        * Federal appeals court declines to decide Illinois pension issue
        * Gov. Rauner says deal on budget powers is 'very close'; Cullerton spokeswoman says 'major issues' remain
        * Madigan again proposes constitutional amendment for 'millionaires tax'

        * Longtime Notre Dame president dies at 97
        * Former Notre Dame president dies
        * Billionaire developer Bluhm's favorite project
        * Lawmakers renew push for measures to stop invasive carp
        * US court declines to decide Illinois' benefits issue


          * February setting records for cold, snow -- but no top prize
          * Theodore Hesburgh, former Notre Dame president, dies at 97
          * Indiana may install 'baby boxes' for those giving up newborns
          * Firm gives up license to grow medical pot as patient approvals lag
          * Parents of slain journalist James Foley: U.S. should do more to aid hostages
          * Exelon-backed bill seeks $2 more a month for nuclear plants
          * Addams Tollway rebuilding project to begin next month
          * Pepper the black Lab saved from icy DuPage River
          * Major delays reported on the CTA Orange Line
          * Man charged in fatal Back of the Yards shooting


          * Unique Flavors
          * A Daily Realization
          * Chicago sets early voting record in last weekend before mayoral election
          * Standoff over new state school test continues
          * Medical Society Wants To Prevent Misuse Of Opiates
          * Child Care Providers Rally in Capitol
          * Travel And Learning Cultures Bring Us Closer
          * Author Discusses Volcano That Created Illinois, Frankenstein and Disease
          * Art Beat: Paintings, A Doc & Psychedelic Rock
          * Bedrock 66 Live! Features Celtic And Psychedelic Rock


          * Lt. Gov. Sanguinetti says GOP should court women, Latinos
          * Our Opinion: Turbulent times ahead for Illinois lawmakers
          * Fred Hayes: Illinois police support body cameras, but with tweaks to state law
          * E.J. Dionne: Chicago's Rahm-Chuy Show
          * Esther Cepeda: The captain of my family's ship
          * Quote of the Day: Friday, Feb. 27, 2015
          * Explore salary information for the state of Illinois
          * State Rep. Raymond Poe to be back at work next week
          * State plan would aid Exelon nuclear plants
          * Federal appeals court declines to decide Chicago retiree benefits issue


          * Legislation would increase Ameren bills
          * Crime blotter 2/28/15
          * House fire on West Monroe under control
          * Coroner's office at scene of Bloomington house fire
          * Director of Trial Advocacy Steve Beckett 2/27/15
          * Winter is sticking around longer
          * Winter is sticking around longer than we'd like
          * Boy, 13, recovering from gunshot wound to his head
          * Cahokia man convicted of felony domestic abuse
          * Bitter cold, snow and sleet expected for the weekend


          * Water pipeline move begins; costs $73 million
          * Commission recommends Grayslake extend special events contract with chamber
          * Suburban O'Hare Commission hires consultants to help battle airport noise
          * State nears decision on proposed eastern Illinois coal mine
          * Bridal web site features suburban vendors

          * Editorial: Is the Ice Cracking? | Transpor...
          * Rep. Lipinski Leads Letter Urging House Le...
          * Rep. Lipinski Announces $2.9 Million Feder...
          * Shortline tax credit legislation enters Ho...
          * Rep. Lipinski Announces STEM Education Gra...
          * Rep. Lipinski Helps Spur Launch of New Dep...
          * Short-line tax credit extension bill enter...
          * Private plane rides have bumpy congression...
          * Report: Schock Failed to Report London Gif...
          * The Amazing Adventures Of The Fabulous Aar...

          * How Obama is shrewdly using partisanship t......
          * Child poisonings from laundry detergent pa......
          * Netanyahu to hold bipartisan meeting with ......
          * Netanyahu to meet with McConnell, Reid aft......

          * Morning Plum: Homeland Security fight coul......
          * Local schools shine at Mallusk...
          * House Not Quite Ready To 'Suck It Up' Over......
          * Congress Will Vote On Homeland Security; A......
          * House bill could keep Homeland Security ag......

          * Overview of Thursday’s events at CPAC 2015
          * Starkehaus: Thursday at CPAC 2015
          * Country star Garth Brooks got $1,000,000 in incentives from Rosemont
          * Organizing and disorganizing adjuncts.
          * To Tom Balanoff and the SEIU: Join me in song.
          * The Weekend In Chicago Rock
          * Bill Kristol, E.J. Dionne talk about the role of government at the Univ. of Chicago
          * CEO of Illinois-based John Deere Challenged for prohibiting employee civic/political engagement
          * The Real War on Women: Global Human Rights Abuses and the Americans Who Ignore Them
          * Andrew Klavan: Good News, Beheaded Christians


          * 24th Anniversary Desert Storm Remembrance Ceremony
          * Illinois Department of Human Rights Announces 2015 Spring Training Schedule
          * Snow and Freezing Rain to Impact Travel in Illinois - IDOT Crews Prepared to Battle Winter Weather this Weekend
          * IDOR Begins Processing Individual Tax Returns
          * IEMA Awards $435,378 in Grants for Hazardous Materials Emergency Planning - Funds will help 33 Local Emergency Planning Committees enhance emergency plans, response to HazMat incidents




              Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller