SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
*** UPDATED x1 Quinn backs away from tax and fee list *** Capital plan revenue falls short, Quinn wants more cash, legislators unwilling so far

Friday, Dec 14, 2012

*** UPDATE *** Gov. Pat Quinn told reporters today that some of the items on the tax and fee hike list weren’t his, except for the loophole closings, which he’s supported for a long time. The elimination of tax breaks for ethanol, for instance, came from the corn growers, Quinn said. Other tax and fee ideas came from members. He said he didn’t now much about some others, including the frack tax. But he did say that driver-related “loopholes” would have to be closed. Listen…

[ *** End Of Update *** ]

* The 2009 capital plan relied on several different revenue sources, including a sales tax on candy. Another of those sources was video gaming, which has just now got off the ground. Gov. Pat Quinn says the program is in need of more funding because of a $300 million shortfall, and he’s given legislative leaders some options

Several would hit motorists; including a higher sales tax on new cars, to bring in $250 million. Raising the car rental sales tax: $30 million.

Likely to raise prices at the fuel pump: eliminating current tax breaks for biodiesel and ethanol would raise $185 million to $230 million.

Other proposals targeting the energy industry would impose new natural gas-fracking fees on drillers downstate, to raise an estimated $55 million; a new oil drilling severance tax would raise $25 to $30 million; and closing a loophole specifically for the oil industry would bring in another $75 million.

The governor told legislators that he doesn’t need all of it and that they can choose any combination of new taxes and fees, as long as it comes close to $300 million.

There are other taxes on the list too, including $75 million on satellite TV subscribers, a fee on digital entertainment downloads and an internet sales tax.

Again, these are just proposals, and from what I’m hearing, they’re not going over very well in the GA. So it could be back to the drawing board for Quinn.

- Posted by Rich Miller        


26 Comments
  1. - western illinois - Friday, Dec 14, 12 @ 9:52 am:

    http://www.abetter54.com/
    We could improve our rural arterials for 1-2 million a mile instead of 10-20 million. We have a wish list of 250 miles so i just saved 2 Billion right there
    We could look at what Ohio did with the turnpike(they didnt sell it) but they are Sqeezing more money out of it.


  2. - cassandra - Friday, Dec 14, 12 @ 10:23 am:

    Well, when you are running for re-election already, it takes some measure of courage to make another bid to raise taxes. Especially when you are going to have to campaign on making your earlier tax increase permanent and maybe more bids for additional “revenue.”


  3. - Anonymous - Friday, Dec 14, 12 @ 10:30 am:

    Maybe Squeezey has an idea.


  4. - langhorne - Friday, Dec 14, 12 @ 10:37 am:

    WHAT?


  5. - langhorne - Friday, Dec 14, 12 @ 10:39 am:

    sorry, mistaken entry above.

    what? we need more revenue, and no one has mentioned to go-to, always dependable, cigarette tax that brings in money from stinky bad behavior, while decreasing consumption and improving health? say it aint so.


  6. - Looking in - Friday, Dec 14, 12 @ 10:48 am:

    More taxes for the Illinoisians…cool!


  7. - bman - Friday, Dec 14, 12 @ 10:52 am:

    How about not giving Illinois away to big corporations and fat cats!


  8. - unspun - Friday, Dec 14, 12 @ 10:57 am:

    If Quinn wants additional revenue, he needs to kick the Gaming Board in the rear and have them speed up the video gaming licence process. There’s no reason why applicants should expect to wait for seven months after submitting their applications and screenings. Again, don’t ask for more until you’ve exhausted current available avenues.


  9. - Dirty Red - Friday, Dec 14, 12 @ 11:00 am:

    = So it could be back to the drawing board for Quinn. =

    Is there a point? What interest do the incoming super majorities have in listening to any “options” the most unpopular governor has for them?


  10. - Arthur Andersen - Friday, Dec 14, 12 @ 11:17 am:

    More taxes on car sales? Ridiculous.
    The industry has barely recovered from the recession and Quinnie wants to offset the huge incentives offered on many new car sales with another lug for the State.
    Did Squeezy squeeze the oxygen supply to his brain?


  11. - CircularFiringSquad - Friday, Dec 14, 12 @ 11:29 am:

    Maybe PQ could ask Squeezie to wrap himself around the foot draggers at the gaming board …it only took 3 years for those masters of the universe to get the first coins plunked down.


  12. - Pot calling kettle - Friday, Dec 14, 12 @ 11:34 am:

    ==eliminating current tax breaks for biodiesel and ethanol would raise $185 million to $230 million==

    If you remove the tax breaks, who would buy E-85? Since the mileage is worse and the current price is only a little lower, it’s not really worth it as is. If the tax break were removed, I think most folks would just go back to regular gasoline.


  13. - wizard - Friday, Dec 14, 12 @ 11:40 am:

    my vehicle gets 18% less mpg on e85 so i look for a 20% price differential or i do not use it.


  14. - dupage dan - Friday, Dec 14, 12 @ 11:49 am:

    Let’s not forget that POTUS wants states to increase funding for Medicaid as part of the whole Obamacare package. I know it’s not part of capital spending programs but the money for that comes out of our pockets eventually (gas taxes, new/rental car taxes, gas-fracking taxes, etc).

    Not to worry. We are told we are some of the least taxed folks in the nation so we have room to grow in that area.


  15. - dupage dan - Friday, Dec 14, 12 @ 11:52 am:

    E-85 is a scam. Costs more to make than gasoline. Uses more fuel than it makes. Subsidies/welfare for agri-businesses.


  16. - PQ's Primary Opponent - Friday, Dec 14, 12 @ 12:33 pm:

    those are the same loophole closings that PQ told the mental health providers he was closing to increase their funding. And, I thought the satellite tax was for education funding.. me thinks PQ flunked Gen Math 101 at Fenwick


  17. - the Patriot - Friday, Dec 14, 12 @ 12:38 pm:

    Read my lips, “Tax Everything.

    How about we just tax dumb ideas. Bewteen Quinn, two Madigans, and the IL republican party I think we can probably payoff the pensions and have a few bucks to spare.


  18. - western illinois - Friday, Dec 14, 12 @ 12:39 pm:

    http://www.aaroads.com/forum/index.php?topic=8253.msg190709;topicseen#msg190709
    Some more on Ohio


  19. - Sir Reel - Friday, Dec 14, 12 @ 1:12 pm:

    Here’s an idea - don’t do any more capital projects. A lot of them were member initiative pork anyway. If the $ are needed to pay off bonds for already completed projects then good luck.


  20. - Demoralized - Friday, Dec 14, 12 @ 1:26 pm:

    @Sir Reel:

    Yes, that’s such a good idea. Don’t fix any state infrasture. Wait for it to completely fall apart so we can spend three times as much later to fix it. Smart thinking there.

    People that suggest we should let infrastructure wither on the vine never cease to amaze me.


  21. - Demoralized - Friday, Dec 14, 12 @ 1:26 pm:

    *infrastructure” Apparently I can’t spell today


  22. - Bill - Friday, Dec 14, 12 @ 1:59 pm:

    Hey Quinn,
    Just take it from the pension funds.


  23. - dupage dan - Friday, Dec 14, 12 @ 2:24 pm:

    Bill, Pleasepleaseplease don’t give him any ideas.


  24. - mokenavince - Friday, Dec 14, 12 @ 2:33 pm:

    Much ado about the guys in Springfield doing nothing.We are wasting taxpayers money,I feel
    nothing will ever get done there.

    Quinn is just lost.


  25. - Robert the Bruce - Friday, Dec 14, 12 @ 3:33 pm:

    ==Is there a point? What interest do the incoming super majorities have in listening to any “options” the most unpopular governor has for them?==
    The press release Pat Quinn wishes he could send - “As they’ll ignore me anyway and blame me, I’ve decided to stop sending the legislature ideas. Instead I look forward to hearing how Speaker Madigan wishes to raise the revenue to pay for the capital projects, and I look forward to signing his pension reform bill.”


  26. - Anon. - Friday, Dec 14, 12 @ 4:12 pm:

    ==Gov. Pat Quinn told reporters today that some of the items on the tax and fee hike list weren’t his ==

    Is that your final answer?


Sorry, comments for this post are now closed.


* Cullerton unsure of pay hike rollback
* Madigan: "We are involved in an historic struggle"
* More lip service
* Madigan's U-Turn
* Question of the day
* *** LIVE *** Overtime session coverage
* Illinois Credit Unions – Stepping Up from all Corners of the State
* Today's map
* Madigan: "You’d better be strong or you’re going to be gone"
* *** UPDATED x1 - Madigan: "Routine" filing *** AG Madigan may appeal pension ruling to US Supreme Court
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* 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

          
        * LG’s Mobile Division ekes out a $200,000 profit in Q2 2015
        * New Motorola-branded smart watch passes through the FCC
        * Vote now for the greatest Lumia Instagramer of the Month
        * Motorola is considering setting up a production unit in India
        * LG may announce the G Flex 3 in March 2016
        * LG Posts Slim $206M Profit In Q2 2015 As Smartphone Shipments Slip To 14.1M
        * How to blog on your Lumia

        * Behind Quintana, White Sox eye seventh straight win
        * White Sox back Shark for sixth straight win
        * Betts flies over fence on catch-turned-homer
        * Red-hot White Sox aren't ready to watch standings
        * Samardzija rises above Trade Deadline buzz
        * White Sox 9, Red Sox 4: Another big first inning
        * Betts flies over fence on catch-turned-homer

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


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

        Archives
        July 2015
        June 2015
        May 2015
        April 2015
        March 2015
        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


        * Baby left in car for 2 hours in Joliet in critical condition
        * Jail releases more footage of Sandra Bland before her death
        * GOP fundraiser calls for Kirk to drop 2016 bid, backtracks
        * GOP fundraiser says Sen. Kirk should abandon re-election bid
        * Rauner praises House vote to block lawmaker pay raise
        * Autopsy concludes woman found dead in Chicago home strangled
        * Rauner signs bill broadening eligibility for food stamps
        * Indiana appeals court rejects Hammond teen's argument
        * Shooting victim's father wins records from Carbondale police
        * Legislation filed would block Illinois lawmaker pay raise

        * Illinois House votes to reject pay raise; Senate vote expected next week
        * Statewide tourism numbers up, although most Springfield historic sites see decline in visitors
        * Rauner signs bill broadening eligibility for food stamps
        * Statewide tourism numbers up, although most Springfield historic sites seeing decline in visitors
        * Illinois House approves legislation to block lawmaker pay raise
        * Madigan files legislation to block lawmaker pay raise
        * More Illinois residents feel pain as budget impasse drags on
        * New UIS Public Safety Building is another budget casualty
        * ACLU pushes for change in 'right of conscience' law
        * Study finds Illinois in middle of pack when it comes to key ethics laws

        * Chicago City Council coming to grips with big tax hike
        * What's up at RedEye?
        * Wheaton College ends student health insurance, citing Obamacare mandate
        * Top GOP funder Gidwitz calls on Sen. Kirk to step down
        * Mead Johnson paying $12 million to settle U.S. bribery charges


          * Police fatally shoot dog that attacked woman, officer
          * 1 dead, 5 wounded in city shootings
          * Outbound I-290 reopened after shooting report
          * More Sandra Bland footage released; protest held in downtown Chicago
          * Baby boy in critical condition after being left in hot car in Joliet
          * Wheaton College ends coverage amid fight against birth control mandate
          * Students dig for architectural treasures in Gold Coast
          * Madigan changes mind, tries to blunt Rauner criticism of lawmaker raises
          * Police: Driver in Gary church bus crash that killed boy had suspended license
          * Boy Scouts change to allow gay leaders a step forward, area leaders say


          * Bill McGee: Massacres of black Americans nothing new
          * Ron Ellis: Advice for crafting Illinois' budget
          * Michael Gerson: Coronating a wounding queen?
          * Illinois House votes to reject pay raise; Senate vote expected next week
          * Statewide tourism numbers up, although most Springfield historic sites see decline in visitors
          * Rauner signs bill broadening eligibility for food stamps
          * Our Opinion: Vietnam vets never forgot Mel-O-Cream's kindness
          * Robert Lynch: Chatham gun owner ready for 'terrorist punks'
          * Otto Fafoglia: Illinois attorney general little help with contractor complaint
          * Kathleen Parker: Alzheimer's research could help to solve Medicare's money woes


          * (Job) titles don't mean much to women's assistant
          * New fire station may get different site
          * MJ: Who's the point man?
          * Tate: Latest loss tough blow for Illini
          * Challenger League All-Stars 2015
          * Sports Talk 07-28-15
          * Man charged with lying to police
          * DNA hit brings arrest for robbery
          * Man arrested near shooting charged with drug offenses
          * Updated: Shelden makes bid official


          * Husband and wife team to open new cupcake store at Arboretum of South Barrington
          * 30 years later: Arlington Park fire burned into suburban memories
          * Kang's homer sends Pirates to 8-7 win over Twins
          * Yankees use 11-run inning in 21-5 comeback win at Texas
          * New York prison worker got 'caught up' in escape plot

          * House lawmakers overcome hurdle on key tra...
          * Rodney Davis talks funding with Bloomingto...
          * The agency that fought Illiana gets a new ...
          * Rep. Dold takes educational cruise down Ch...
          * Lawmakers decry high turnover rate of VA h...
          * CBD Oil, and politics
          * Simon considering state Senate bid
          * Killer Congressman Tom MacArthur trying to...
          * Shutdown? State may not notice
          * Rep. Bob Dold

          * Why labor unions care about for-profit col......
          * Senator Durbin: We Must Close Loopholes Al......

          * Gidwitz Takes Back Comments about Kirk Run......
          * Dawn Patrol: Top GOP donor retracts commen......
          * GOP fundraiser calls for Kirk to drop 2016......

          * “The Driver’s Side” – News From The Motorist’s Perspective
          * Legislator Pushes Tickets For Electric Car Reserved Parking Spaces
          * Anti-Red Light Camera Activists Protest In Tinley Park
          * No pay raise for Illinois legislators? Fat chance that will wind up happening
          * The [Tuesday] Papers
          * The [Friday] Papers
          * Union: Rauner Halts Payments To Illinois Child Care Providers
          * Union: Rauner Halts Payments To Illinois Child Care Providers (UPDATED)
          * The Week In Chicago Rock
          * '58 Corvette


          * Governor Takes Bill Action
          * Governor Rauner Signs Veteran Preference Bill
          * Governor's Office Statement on Passage of HB 576
          * Time Running Out to Stop Legislator Pay Raise
          * Governor Announces Appointments




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