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 »
* $3 million in one pop from Rauner
* Reader comments closed for the weekend
* SUBSCRIBERS ONLY - State House fundraising report
* *** UPDATED x1 *** Has the haymaker punch arrived?
* SUBSCRIBERS ONLY - State Senate fundraising report
* Third straight poll shows Rauner leading Quinn
* Last call for tickets!
* Vast Majority of Illinois Voters Support Renewable Energy, Energy Efficiency
* Sun-Times reporters want you to sign their petition
* Same song, different century
* Question of the day
* Quinn finally wins a newspaper endorsement!
* SUBSCRIBERS ONLY - Today's cable TV buy report
* SUBSCRIBERS ONLY - Supplement to today’s edition: Crosstabs, TV ads
* Report: Another tie between Rauner and CS-T chairman
* Bost's "anger," Cook's ratings, Foster's ad
* $580 MILLION EXELON RATE HIKE?? That’s the price tag for their nuke bailout…EVERY YEAR!
* *** UPDATED x1 *** Rauner pumping dollars
* Rauner pushing IDOT back into the news stream
* Gov. Quinn runs new TV ad featuring FLOTUS
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* No, your eyes didn't deceive you
* Good morning!
* 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

          
        * A first look at the Nexus 9
        * Galaxy Lollipop plans, Apple sapphire future, Amazon flops & more – Pocketnow Daily
        * Sidecar Tests A New “Commute” Service, With Discounts When You Pay For A Week Of Morning Rides
        * Sony 12-inch tablet may be in the works for early 2015 launch
        * Moto X (2014) Review
        * How to use Continuity in iOS 8 and Yosemite (Video)
        * Monster Strike arrives for North American Android users

        * AT&T Offers Kindle Fire HDX Tablet For $49.99 With Fire Phone Purchase
        * NFC Chip Found In New iPads Could Be Used As Secure Element
        * Samsung NX1 Will Be Used To Film A Joseph Gordon-Levitt Short Film
        * 12-inch Sony Xperia Tablet Rumored For Q1 2015
        * Nest Adds Third-Party Home Automation Product Support
        * League Of Legends Pulls Close To $1 Billion In Revenue For 2014
        * Elon Musk Expresses Concern Over Artificial Intelligence

        * Konerko caps stellar career with Clemente Award
        * Konerko caps stellar career with Clemente Award
        * World Series Game 3: Notes and discussion
        * Rollins, Konerko named co-winners of Clemente Award
        * Alexei Ramirez and Adam Eaton Gold Glove finalists, but maybe not f...
        * Longtime scout Provas passes away after battle with cancer
        * Eaton, Ramirez named AL Gold Glove finalists


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

        Archives
        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


        * Democratic supermajority at stake: Michael Madi.....
        * IL Gov. Quinn Announces WIU-QC Expansion - KWQC 6..


        * US judge names monitor of IDOT hiring
        * Radio host convicted of alleged $10 million fraud
        * Illinois gov's race focuses on women voters
        * Judge rules against Ameren in power line dispute
        * Feminist Steinem endorses Illinois governor
        * Madigan, Rauner spend big on Illinois House races
        * Cockroach visits Chicago's City Council chambers
        * Chicago police to check bags on transit system
        * Toddler taken from family found in Illinois
        * Man, 2-year-old boy killed by truck in Bloomington

        * Feminist Gloria Steinem endorses Quinn for governor
        * Madigan, Rauner spend big on Illinois House races
        * Officials rethink early vote-counting after Madigan ruling
        * Minimum wage increase supporters urge early voting
        * Sun-Times political reporter resigns following Rauner complaint
        * Minimum wage hike supporters urge early voting
        * Federal judge orders court-appointed monitor for IDOT hiring
        * Rep. Raymond Poe to undergo stem cell transplant
        * Bill Clinton campaigns for Quinn, Durbin
        * Quinn, Rauner spar over jobs, taxes

        * Regulators close National Republic Bank of Chicago
        * Rauner, the reporter, the Sun-Times and 'appearance of impropriety'
        * Chicago police to check bags at CTA stations
        * Shire CEO Ornskov 'dumbfounded' by collapse of AbbVie deal
        * Tests show child in Chicago does not have Ebola


        * Editorial: Bruce Rauner for governor
        * Back to the past with mayor’s move
        * Illinois needs better way to deal with terminally ill inmates
        * At panel on school closings, board acknowledges more planning needed
        * Marina City residents reminded to watch their step during Wallenda’s walk
        * Republican senators question Quinn’s IDOT scandal response
        * Child who became ill on plane tests negative for Ebola
        * Tollway might permanently lower cost to open I-Pass account
        * Killer gets 27 years for throwing woman out 3rd-floor window
        * CPS wants to delay new standardized test, even though state already has said 'no'


        * Cops: Man stole semi-truck, critically injured bicyclist and fled
        * Former radio host convicted of mortgage fraud
        * Boy, 17, charged in fatal shooting in Englewood
        * $5 million bond in vandalism of Lombard synagogue
        * FBI searches Chinatown restaurants, at least 3 owned by famed chef Tony Hu
        * Des Plaines man who tried to hire killers to burn wife, friends alive gets 17 years
        * Man charged with DUI in 2013 crash that killed woman, 78, in Aurora


        * Listen to State Week - October 24, 2014
        * 2014 Election Coverage: Citizens, here's your homework!
        * 2 dead, including gunman, in high school shooting
        * Prosecutors want more of indicted police commander’s 'bad acts' in court
        * Prosecutors want more of indicted police commander's 'bad acts' in court
        * Bedrock 66: Charlie Parr Plays Springfield Friday
        * Oberweis Would Back Federal Same Sex Marriage Law
        * Wild Bison Return To IL
        * Scary Story: The Diviner by Susan Vondrak
        * Artist Profile: Local Troubadour Tom Irwin


        * Michael Bromberg: Benedictine looking ahead at changes in higher ed
        * Charles Krauthammer: Barack Obama, aggrieved bystander
        * Feminist Gloria Steinem endorses Quinn for governor
        * Madigan, Rauner spend big on Illinois House races
        * Our Opinion: Bell, Manar, Davidsmeyer endorsed in state legislative races
        * Craig Burns: Honesty, integrity in great supply at CWLP
        * E.J. Dionne: Ebola, pandering and courage
        * Esther Cepeda: Benefits of closing the word gap
        * Officials rethink early vote-counting after Madigan ruling
        * Our Opinion: Frerichs has the expertise to be Illinois treasurer


        * High school football scoreboard, Oct. 24, 2014
        * Final Word: O'Toole's the man
        * Tate: Beckman ends suspense
        * Abducted child found in Jefferson County
        * LIVE! Pink Night
        * Interfaith Council to host dinner
        * Webb sentenced to 14 years in fatal DUI
        * SportsTalk 10-24-14
        * SIC to host Heritage Festival
        * Fundraiser benefits Clothes for Kids initiative


        * Waukegan schools will be closed on Monday
        * Barrington's village hall evacuated after gas leak
        * In the age of Ebola, what will happen if you fly while sick?
        * Governor candidates court female voters
        * New York, New Jersey governors order Ebola quarantines

        * Patrick Cannon defense strategy rare but n...
        * Feds fine Jesse Jackson Jr.'s campaign com...
        * Ex-Congressman Jesse Jackson Jr. faces sen...
        * Representative Jan Schakowsky Sends Letter...
        * Rep. candidate pushes to uphold marriage b...
        * Reps. Schakowsky and Waxman Introduce Bill...
        * Statement by Representative Jan Schakowsky...
        * U.S. House Passes Resolution Condemning An...
        * FAA Rejects Call For New O'Hare Noise Stud...
        * Representatives Quigley, Duckworth, Schako...

        * Republican Senate candidate Oberweis favor......
        * Republican Senate candidate Oberweis favor......
        * Republican Senate candidate Oberweis favor......
        * Republican Senate candidate Oberweis favor......
        * Republican Senate candidate Oberweis favor......

        * U.S. Senator Mark Kirk to talk with Triton......

        * McKinney Leaves The Sun-Times
        * Bag Man In Redflex Bribery Scandal Will Plead Guilty
        * SportsMonday: Brandon Marshall Is Unacceptable
        * The Week In Chicago Rock
        * Durbin, Oberweis To Debate Tonight
        * First-Time Candidate Seeks GOP Incumbent's Defeat In 20th State House District
        * Mo Khan, Democratic Candidate For 20th District State Representative
        * The College Football Report: Area Police Top Poll
        * The Beachwood Radio Sports Hour #23: It's All Cutler's Fault
        * Durbin, Oberweis debate Tea Party, immigration, veterans, and gay marriage


        * Rauner rips Quinn on IDOT patronage oversight
        * Governor Quinn Announces Winners of 2014 Illinois Export Awards - State’s Trade Programs Help Companies Increase Global Sales
        * New Ad: Labor leader backs Rauner
        * Jewish Newspapers Endorse Rauner for Governor
        * Statement from the Illinois Department of Public Health and Chicago Ebola Resource Network




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