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 »
* Fanning the flames
* The assault weapons front opens wider
* Teh crazy spreads
* 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

          
        * Is Microsoft’s Surface Pro 3 OneNote parody video a hit or a miss?
        * No way to win
        * Appealing To Women, Social Fitness App PumpUp Raises $2.4M Led by General Catalyst
        * How Apple Is Forging Deeper Connections Between Desktop and Mobile
        * Modern Combat 5 throws IAP out of your crosshairs
        * Samsung Might Have Found A Shortcut To Mobile Virtual Reality Through Oculus VR
        * Sony Xperia Z2 tablet gets torn down, built up again by Sony

        * ZTE’s newest mid-range phone is running the stock Google Now interface
        * Sony’s Xperia Z3 Poses For The Camera In Leaked Photos
        * Lenovo Shows Off Its Smartglasses Prototype
        * Square joins the internet of things, integrating its sales data with IFTTT
        * How Apple Is Forging Deeper Connections Between Desktop and Mobile
        * Atheer plans an augmented reality-equipped hardhat
        * Money Advice the Experts Don’t Agree On: Paying Off Your Mortgage

        * Reading Room: Tigers pony up for closer by trading for Joakim Soria
        * Royals 2, White Sox 1: Series ends with a thud
        * After pitching duel, mishap at plate stings Sox
        * After pitching duel, catching error stings Sox
        * Sox turn to Noesi to open four-game set in Minnesota
        * Top Sox pick Rodon debuts in Rookie League
        * Sox remember Buehrle's perfecto on anniversary


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

        Archives
        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


        * Cook County calls for ballot referendum on assa.....
        * Anti-fracking group claim legislators put oil, .....
        * Billionaire Griffin breaking up with Reboot Ill.....
        * The dark, disturbing world of the visa-for-sale.....
        * Quinn aide: Crime, not politics, prompted troub.....


        * United Airlines posts 2Q profit, reversing 1Q loss
        * Chicago police arrest man in 11-year-old's death
        * UMinn reaches milestone with neutrino detector
        * 4-year-old boy dies in suburban Chicago house fire
        * Caterpillar 2Q profit rises, revenue declines
        * Police: Man found shot dead in East St. Louis
        * Illinois 7-year-old dies after bike, car collision
        * Traffic accident on bridge kills 4 in SW Missouri
        * JFK returns to old look in new collectors' coins
        * U of I expected to boost arena renovation budget

        * Libertarian, Green Party politicians seeing blocks by established parties
        * S&P drops Illinois' credit rating to 'negative'
        * Prosecutors respond to new Blagojevich argument
        * Former governor Thompson: Namesake building 'a scrap heap'
        * Search salary information for state, city, county employees
        * Quinn signs legislation to combat flooding
        * GOP group targets Democratic supermajority in Illinois
        * Emails raise questions of politics in Quinn's anti-violence program
        * Illinois Manufacturers' Association backs Rauner for governor
        * Illinois patients to docs: 'What about marijuana?'

        * Don't tell anybody about this story on HFT power jump trading
        * Cook County to cut buildings' carbon emissions
        * Chicago lawyer named ambassador to Czech Republic
        * Mars follows Hershey in raising candy prices
        * Obama set to scold firms seeking overseas tax breaks


        * BGA lawsuit aims to lift veil on IHSA finances
        * Billionaire Ken Griffin, chief of Citadel, files for divorce
        * Man charged in shooting death of Shamiya Adams
        * Northbound lanes reopen after fatal accident on Bishop Ford Freeway
        * Man arrested in 1992 murder of Skokie teen, mother of victim says
        * Driver appears in court on charges in fatal I-55 crash
        * Person of interest questioned in shooting death of 11-year-old; family seeks donations for funeral
        * Bike-shop mechanics help cops nab bicycle thieves
        * For its own security, Israel must finish the job it started in Gaza
        * Chicago Board of Education passes $6.8 billion budget


        * Suspect in '92 slaying of Niles West student held in Los Angeles
        * Teen charged in Shamiya Adams' slaying
        * Council to vote on graffiti violation fines
        * New Rauner attack ad relies on made-up headlines
        * 2 dead, 3 critical in overnight shootings
        * Family opens up about Chicago police officer killed in crash
        * Chief judge came close to shutting Chicago's federal court during government shutdown last fall
        * Willis clan hopes America's Got Talent run shows family's strength
        * Sources: Suspect questioned in killing of 11-year-old Shamiya Adams
        * Judge: Daley won't have to testify due to health


        * Board of Education approves "stop-gap" budget for 2015
        * Illinois' Credit Prognosis: Negative
        * Questions raised about Daley's health
        * Losing school librarians in Chicago Public Schools
        * Durbin Files Legislation Reacting To Hobby Lobby Decision
        * "The Civil War" Becomes A Downtown Musical
        * Republican Attorney General Candidate: Pension Changes Unconstitutional
        * Winners of WBEZ’s Student Stories
        * Court OKs FutureGen Financing Plan
        * Trucker Questions: Are Police Above Illinois' Traffic Laws?


        * Bernard Schoenburg: Stocks-Smith considers another run for mayor
        * GROW-IL Coalition: Illinois’ foot-dragging means lost dollars from fracking
        * Eugene Robinson: The downside of giving weapons
        * George Will: Goldwater 2.0
        * S&P drops Illinois' credit rating to 'negative'
        * Former governor Thompson: Namesake building 'a scrap heap'
        * Quinn signs legislation to combat flooding
        * Emails raise questions of politics in Quinn's anti-violence program
        * Illinois patients to docs: 'What about marijuana?'
        * State appeals court upholds FutureGen power agreement


        * Urgent plea made for blood donors
        * What to wear for UI football
        * Asmussen's Top 50: No. 17 North Carolina
        * 17 days to Camp Rantoul
        * 3 from Benson die in Missouri wreck; 1 injured
        * With Sarvela, changes have already come to SIU
        * Faulty sewer pumps cause mess for Madison County town
        * UPDATED: Funeral director dies in parachute accident
        * Daily business briefing: Recalls cost GM $1.5 million
        * Danville teen facing murder charges


        * Wyoming cave with fossil secrets to be excavated
        * Cook County to cut buildings' carbon emissions
        * 2 children injured in Milwaukee shooting
        * Construction worker hurt at Kenosha Amazon site
        * Hayward Wisconsin hosts Lumberjack World Championships

        * Lipinski Congratulates the Third District'...
        * House passes Lipinski bill for Herbie John...
        * Renaming of Mount Greenwood post office in...
        * Rep. Lipinski's Bill Improving Internation...
        * Rep. Lipinski Reacts to House Passing Bill...
        * Rep. Lipinski Announces $206428 Grant for ...
        * Rep. Lipinski's Bill Renaming Mount Greenw...
        * Immigration reform rally - WGNtv.com
        * Lipinski Congratulates the Third District'...
        * Measure to permanently prohibit internet t...

        * Chicago lawyer named ambassador to Czech R......
        * Durbin Puts His Mark on Defense Bill...
        * Bears bring high hopes to '14 camp...
        * Bears bring high hopes to '14 camp...
        * Senator, Advocates Warn Veterans About For......

        * Hobby Lobby, Obamacare battle continues, n......
        * Israeli Airline With Missile Defenses Goes......

        * House, Senate Advance Competing Border Proposals
        * Black Colleges Face Hard Choices On $25M Koch Gift
        * To Fight Crime, Chicago Tries Wiping Away Arrests
        * Protest By Former McCook Source Interlink Distribution Workers
        * Standard & Poor’s Gives Illinois Negative Outlook
        * Rubio: Same-Sex Marriage Foes Face 'Intolerance'
        * Judge rules state can close Murray Center
        * Term limits will soon be back before state Supreme Court
        * Illinois' largest GOP donor files for divorce
        * Arn: KKK Leaflets Appearing In Northern Illinois


        * Governor Quinn Signs Legislation to Help Combat Flooding in Illinois - Oak Lawn to Receive $12.7 Million in Stormwater Assistance as Part of New Law’s Expansion of Clean Water Initiative
        * Governor Quinn Statement on Cook County Board’s Additional Advisory Referendums - Cook County Voters Asked to Voice Their Opinions on Gun Safety and Mental Health Care on November Ballot
        * Governor Quinn Signs $1.1 Billion Capital Construction Bill - Shovel Ready Projects Will Create Thousands of Jobs and Drive Economic Growth
        * Governor Quinn Signs Legislation to Strengthen Ethics Provisions in County Government - Law Helps Increase Accountability for Public Officials in Illinois’ Collar Counties
        * Governor Quinn Signs Legislation to Help Ease Pain for Adults and Children with Seizures - New Law Adds Seizures to List of Debilitating Medical Conditions Under the Compassionate Use of Medical Cannabis Act




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