And here’s the Vaught video…
Friday, Jul 30, 2010
When asked how he defined “substantial,” Vaught pointed to Gov. Quinn’s latest one-point tax hike plan, but then went on to describe how the Senate had already passed a 67 percent income tax increase and related how the governor himself had testified at a House committee in favor of that very same tax increase.
More importantly, listen closely to what John Sinsheimer, Quinn’s director of capital markets, has to say. He points out that the “deficit” is $6 billion…
So, the Quinn team was also telling foreign investors how they could wipe out the deficit with a 67 percent tax hike.
I’ll leave it to others to judge whether or not Bloomberg “misconstrued” the remarks, but it seems clear from these excerpts, at least, that the two men were pointing heavily at increasing the income tax from 3 to 5 percent come January.
- Posted by Rich Miller 34 Comments
Question of the day
Friday, Jul 30, 2010
* Every campaign season about this time, I have to begin issuing stern warnings to newcomers and oldtimers alike.
The passions are understandably increasing as election day draws near, and that means the comments are sometimes turning ugly.
If you’re new here, try to keep in mind that this isn’t a newspaper website or a “normal” blog. We thrive on vigorous, healthy debate on this site. We don’t have any tolerance for stupid drive-by comments, Ad Hominem attacks, racism, swearing, bumper sticker slogans, rumor mongering, sock puppetry or the rest of the madness that you’ll find just about everywhere else on the Interwebtubenets. I’ve permanently banned two newbies in the past 12 hours, and I’ll continue doing so. You’re not welcome here if you can’t behave. And if you go too far over the line, I’ll personally track you down at your job or at your home and mete out some real-life punishment. I’ve done it before, I’ll do it again. Don’t push me.
And to the oldtimers, most of you love this site as much as I do. Don’t blow it by going all nutso on us. Lifetime bans, like diamonds, are forever.
This place is like my tavern. Feel free to come in and enjoy yourself, befriend the other customers, even consider it your second home. I fully believe that this is your place, too. But get too far outta line and you’re gone.
* I received an e-mail early this morning that you should all read…
Let’s keep it that way, please.
* The Question: What, in your opinion, is the worst Illinois website for ugly, out of control comments? Give examples if you can. But keep it clean.
- Posted by Rich Miller 80 Comments
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