SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
AFP running cable ads against Madigan’s millionaire’s tax

Friday, Mar 28, 2014

* From an Americans for Prosperity Illinois press release…

AFP-Illinois is launching a new ad aimed at educating the public about the perils of Speaker Madigan’s so-called “millionaire tax”.

“This politically-motivated proposal seeks to cynically win votes rather than craft a serious fiscal policy that will help the Illinois economy recover from years of woeful mismanagement and cronyism,” said AFP-Illinois State Director David From.

The ad campaign targets specific members of the General Assembly. It highlights Illinois’ continued economic crisis and high unemployment and encourages their constituents to contact them and express their opposition to the job-killing tax.

“It is no accident that the Speaker made this proposal in advance of the Governor Quinn saying he wants to make his record setting temporary tax increase on all Illinoisans permanent,” said From. “This is the classic bait-and-switch designed to distract voters from the fact that the biggest tax hike being pushed through is going to land squarely on the backs of working families.”

The advertisements are being run online and on cable television with an approximately $120,000 buy funded by AFP-Illinois donors within the state. The ads will run for approximately one week and are part of AFP-Illinois’ effort to educate voters about the highly politicized anti-growth agenda being pushing in the Spring legislative session.

As we’ve already discussed, the group is already running ads against the progressive tax.

* This is the ad targeting Democratic Rep. Jack Franks (D-Marengo). Rate it

- Posted by Rich Miller        


22 Comments
  1. - Jimbo - Friday, Mar 28, 14 @ 10:06 am:

    Craft a serious fiscal policy? Like closing schools and decimating the ISP? Why? So that millionaires can sock a few extra bucks away? AFP is going to have a tough time convincing folks they need crappier schools, or that the middle class, already stretched thin (and mostly eliminated) should pay more so the plutocrats can keep more discretionary income.


  2. - PublicServant - Friday, Mar 28, 14 @ 10:06 am:

    How many small business whose owners make $2,000,000+ (after expenses) would fire ANYONE because they can’t afford to pay an extra $30,000 in state taxes? Seriously. Why would anyone be willing to give up the $920,000 in pure profit on that 2nd $1,000,000 to save that $30,000 in surcharge?


  3. - A guy... - Friday, Mar 28, 14 @ 10:07 am:

    C+. Not too many people ever feel sorry for millionaires. If you make the case it affects average Joes, you get accused of being a “Trickle down” economist. If you discourage the investor and job creator, you discourage the investment and the jobs they create. It’s fairly simple economics.


  4. - Adam Smith - Friday, Mar 28, 14 @ 10:08 am:

    Certainly will keep the public aware of taxapalooza down in Springfield. That can’t be good for Dems.

    Of course, like Harry Reid, when you are being pummeled on the issues, just attack the Koch Brothers. That ought to work…


  5. - VanillaMan - Friday, Mar 28, 14 @ 10:13 am:

    This is just good politics. This is an election year. What did you expect? You don’t serve up raw meat, leave it on the table, and not expect the dogs to drool.

    Politicians are dogs. This is what they do.


  6. - circularfiringsquad - Friday, Mar 28, 14 @ 10:32 am:

    Hope AFP is spending loads of cash to tell folks someone can’t afford 3 cents on every dollar after the first million which come after all the write offs…that will really go over.


  7. - PublicServant - Friday, Mar 28, 14 @ 10:40 am:

    === If you discourage the investor and job creator, you discourage the investment and the jobs they create.===

    A Guy, consumers are the job creators in this country. An investor/owner, whether he has the money, or not, won’t hire another employee unless that employee’s work product produces a net profit for him on the additional widgets that would be produced, and he won’t produce those extra widgets if the demand isn’t there.

    It’s consumer demand that is depressed in this state and country. Putting money into those consumer’s hands should be what we’re targeting here.

    It’s fairly simple economics.


  8. - Demoralized - Friday, Mar 28, 14 @ 10:47 am:

    ==It’s fairly simple economics==

    And that so-called trickle down effect (if you believe in it, which I don’t) can take a long time to create any benefits. When you need revenue now you don’t rely on the so-called trickle down effect.


  9. - Demoralized - Friday, Mar 28, 14 @ 10:49 am:

    @Adam Smith:

    Nobody I’ve talked to is concerned about the “Millionaires Tax.” I suppose if they are able to change the argument from “Millionaire” to Small Business then maybe they will change minds. I guess we’ll see.


  10. - rolling meadows - Friday, Mar 28, 14 @ 10:53 am:

    It’s a good ad, however the message won’t fly


  11. - 47th Ward - Friday, Mar 28, 14 @ 10:55 am:

    I don’t get it. Jack Franks was never, ever going to vote for this amendment. Not in a million years. Seems like a waste of money to target Franks since he’s already on the AFP’s side.


  12. - Walker - Friday, Mar 28, 14 @ 11:03 am:

    The shame of the AFP messaging is that it is not “on the backs of small businesses” or a “small business” tax.

    Whatever mislabeling sells for them, I guess.

    Very few actual small business owners take home and report more than $1 Million in taxable net income from their businesses each year. I don’t have the number, but working with them for years, my guess would be less than 2%. Certainly not enough to label this a “small business tax.”

    The same is true for AFP’s previous labeling this as a “middle class” tax, or “family farm” tax.

    And the surcharge for those few owners with that high a personal income, is probably not substantial enough to change business practices, since they are not the typical small businesses owners who are operating on the edge. And this is competitive with many other states.


  13. - dave - Friday, Mar 28, 14 @ 11:13 am:

    **Of course, like Harry Reid, when you are being pummeled on the issues, just attack the Koch Brothers. That ought to work…**

    Last I checked, Harry Reid won his re-election battle when no one thought he could/would.

    **If you discourage the investor and job creator, you discourage the investment and the jobs they create. It’s fairly simple economics.**

    Sigh… really? So because someone is going to pay 3% more on income over $1M, they are now no longer going to want to make any more money?

    So you’d rather make $0 more, than make, say, $200k but have to pay an additional $6K on that $200K?

    That is completely rational. *rolls eyes*


  14. - dave - Friday, Mar 28, 14 @ 11:16 am:

    **I don’t get it. Jack Franks was never, ever going to vote for this amendment. Not in a million years. Seems like a waste of money to target Franks since he’s already on the AFP’s side.**

    Jack Franks has actually come out and said that he is open to voting for the millionaire’s tax.


  15. - Bill White - Friday, Mar 28, 14 @ 11:32 am:

    === It’s consumer demand that is depressed in this state and country. Putting money into those consumer’s hands should be what we’re targeting here. ===

    The truth of this is blindingly obvious to a Keynesian. What Illinois small business needs most are customers who have money to spend.

    The Austrians, however, continue to believe that allowing billionaires to accumulate even larger piles of idle cash is what will stimulate the economy.


  16. - 47th Ward - Friday, Mar 28, 14 @ 11:38 am:

    Thanks Dave. Obviously I missed that comment.


  17. - PublicServant - Friday, Mar 28, 14 @ 11:50 am:

    I didn’t want to name names, Bill, but yeah.


  18. - Challengerrt - Friday, Mar 28, 14 @ 12:06 pm:

    Millionaires are definitely not small business owners. Small business owners are just a part of the middle class. Ask some of your small business owners about their income and you can bet they won’t tell you they made millions in one year.


  19. - VanillaMan - Friday, Mar 28, 14 @ 1:30 pm:

    The truth of this is blindingly obvious to a Keynesian. What Illinois small business needs most are customers who have money to spend.

    The Austrians, however, continue to believe that allowing billionaires to accumulate even larger piles of idle cash is what will stimulate the economy.

    Wow - talk about misconstruing economic schools of thought. When did you learn your economics - mid 20th Century? Do you still drive a Studebaker?


  20. - Bill White - Friday, Mar 28, 14 @ 1:47 pm:

    @Vanilla - Are you willing to elaborate?

    Please include your assessment of the consequences of being at the zero lower bound in your answer.


  21. - Last Bull Moose - Friday, Mar 28, 14 @ 2:09 pm:

    It would be helpful to know how much of the revenue would come from sub S returns. Also how much from the top 100 and top 500 returns.
    How hard is it for these people to legally avoid or minimize the tax. I have known people who changed their legal residence to reduce taxes. Known many who have shifted income around to reduce taxes.
    Better facts would help the discussion.
    I do not object to the tax on principle. Not sure the net revenue gain is what is projected.


  22. - Walker - Friday, Mar 28, 14 @ 3:30 pm:

    VMan: Still like disco?


Sorry, comments for this post are now closed.


* Quinn administration accuses Rep. of "political stunt" that would violate state and federal laws
* Today's number: 54 percent
* Rauner files "emergency appeal"
* Uber ramps up the pressure with new radio ad
* *** UPDATED x2 - Quinn calls for investigation by county, state, feds - Felonies? *** Playing hardball... with guns
* Quinn updates new TV ad to add Rauner "Not every job should be in America" quote
* Uh-oh
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* 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

          
        * Galaxy Note 4 may get a touch-sensitive shutter button
        * Humble SEGA Mobile Bundle brings Sonic at budget price
        * Estimote Wants To Pioneer ‘Nearables’ With New Stickers Beacon Hardware
        * Shadowgate review: This castle still wants to kill you, 25 years later
        * Just how many different Androids are out there?
        * Android Device Ecosystem: More Diverse Than Ever
        * Minuum rolls out v2.11 with floating keyboard,quick tips

        * SnagFilms adds Chromecast support to its site, many others could follow soon
        * Microsoft unveils Azure DocumentDB, a NoSQL database as a service
        * Send a Thank You Letter After a Job Rejection
        * Code/red: Steve Ballmer, the Nutty Professor
        * Comcast Brings TV Over Wi-Fi To Colleges
        * Facebook Launching 'Mentions Box' Device During Emmys
        * Google’s Self-Driving Car Needs Physical Controls In California

        * Reading Room: Rick Hahn speaks vaguely about September
        * Avisail finds power stroke in loss to Orioles
        * Danks leads White Sox into Bronx for weekend visit
        * Orioles 4, White Sox 3: Homers hector Noesi
        * Noesi unable to keep Orioles in the park
        * Limited number of callups to reinforce roster
        * Rodon's September plans not yet determined


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

        Archives
        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


        * Governor Quinn and Ice Bucket Challenge creator.....
        * ALS patient Pat Quinn's thoughts on the Ice Buc.....
        * Term-limit backers seek Supreme Court intervention..
        * Heroin is problem in McLean County, across the .....
        * Fair share for Edgar?!..
        * Faith Coalition presses Quinn for rail jobs..
        * Governor Quinn and Ice Bucket Challenge creator.....
        * State plans to boost Medicaid funding for contr.....
        * Steer sells for $100k at Illinois Sale of Champ.....
        * ALS patient Pat Quinn’s thoughts on the Ice Buc.....


        * Term-limit backers seek Supreme Court intervention
        * Hostess closing bakery that created the Twinkie
        * AG: Hotline available for settlement mortgage help
        * Illinois student dies after basketball practice
        * Bank settlement includes Illinois consumer relief
        * Hostess closing bakery that created the Twinkie
        * Card cheat who used invisible ink gets casino ban
        * No suspects in shooting death of Chicago boy, 9
        * Belleville yoga studio ignites after smoke bomb
        * Last 4 hostages freed in suburban Chicago standoff

        * Term-limit backers seek Supreme Court intervention
        * Illinois' share of Bank of America settlement: $300M
        * Appeals court says term limits can't be on ballot
        * Marijuana town hall attracts hundreds in Chicago
        * Governor candidates commit to 3 traditional debates, none in Springfield
        * Manar, others tout school funding reform bill
        * Vallas attacks, Rauner defends businesses and investments
        * State retiree insurance premiums dropping to pre-July 1 levels
        * Vallas attacks, Rauner defends businesses, investments
        * State retiree insurance premiums to drop

        * Centegra wants to end inpatient care at aging hospital
        * Illinois gets $300 million in feds' B of A deal
        * Taking fall fashion trends to the office
        * Flights for foodies? United’s gonna try
        * Sears posts bigger loss as sales fall for 30th quarter


        * CPS hiring preference not the only thing irking firefighters
        * Harvey standoff over; hostages rescued, two men in custody
        * Feds try to tie convicted drug dealer to cop slaying
        * Bali police say motive not established for killing of Chicago woman found in suitcase
        * Court records shed new light on teen linked to mother’s death in Bali
        * Maureen O’Looney, dead at 92, was matriarch to many in Chicago’s Irish community
        * Under the gun in petition challenges: Mihalopoulos
        * Jackie Robinson West fans agree: ‘These young brothers are phenomenal!’
        * 9-year-old boy shot to death in Greater Grand Crossing neighborhood
        * Surge in tax revenue fuels increase in transit agency budgets


        * Boy, 9, slain in Grand Crossing: 'I'm praying for the whole city'
        * Gang-related homicides on rise in Aurora
        * CPS: Concept charter operator won't open Chatham campus in fall
        * Emanuel defends Bloomberg in wake of NRA criticism
        * Third man charged in stabbing of boy, 15, who refused to join gang
        * Emanuel defends Bloomberg in wake of NRA criticism
        * $25,000 reward offered in Bolingbrook bank robbery
        * Man gets 15 years for impregnating girl, 12
        * James Foley slaying: Negotiations, silence, then a chilling warning
        * Nanny service care.com sued over infant's death


        * Could Illinois Guard Be Called In To Ferguson?
        * Chatham Schools Supt. Talks Growth & Planning
        * Watchdog Applauds Investigation of Electric Supplier
        * Springfield Supt. Previews Coming School Year
        * Green, Libertarian Parties Await Approval For Nov. Ballot
        * The tale of the two-flat
        * Why The Rush? Term Limits Decision Time Deadline, Explained
        * Push Continues For School Funding Overhaul
        * Appellate Court Confirms: Term Limits Not Eligible For Ballot
        * Listen to State Week - August 15, 2014


        * Illinois' share of Bank of America settlement: $300M
        * Bernard Schoenburg: Possible Ward 10 aldermanic candidates emerge as Griffin considers future
        * Illinois Attorney General Lisa Madigan: Cybercrime inevitable, so protect yourself
        * Eugene Robinson: The ones left behind
        * George Will: Fed up with cupcake cops
        * Appeals court says term limits can't be on ballot
        * Marijuana town hall attracts hundreds in Chicago
        * Governor candidates commit to 3 traditional debates, none in Springfield
        * Manar, others tout school funding reform bill
        * Michael Gerson: Rand Paul’s bogus outreach


        * Sewer explosion shuts down Sauget roads
        * Crab Orchard Library closes Pittsburg branch
        * Slight chance of showers, good chance of heat
        * BHC pool open for classes, open swim, parties
        * Putnam holds annual monarch butterfly workshop
        * O'Fallon junior high student dies after basketball practice
        * Crime spree in Farmer City
        * Muscatine man injured in fight dies
        * All Veterans Memorial marks 20th anniversary
        * Harrisburg man charged with reckless driving after crashing into Marion building


        * Suburbs' putting new O'Hare noise on ballots
        * Bank of America agrees to nearly $17 billion settlement
        * Chicago plans another Jackie Robinson watch party
        * Elgin man, 36, being held on $500,000 bond
        * 2 American Ebola patients released from hospital

        * Immigration dominates Lipinski's town hall...
        * Lipinski: Time to stop 'kicking the can' o...
        * Inactive Congress Discussed - Alton Daily ...
        * Rep. Lipinski Helps Pass VA Reform Bill - ...
        * Scaletta Armoring Hosts Congressman Dan Li...
        * Congressman Dan Lipinski to host 3 events ...
        * House passes Lipinski bill for Herbie John...
        * Roskam, Kirk speak to local business owner...
        * Roskam Talks Taxes - Alton Daily News
        * Roskam gives business leaders vision for f...

        * Senator Durbin Calls Together Local Mayors......
        * Sen. Durbin chairs hearing to address Amtr......
        * Sen. Durbin chairs hearing to address Amtr......
        * Sen. Durbin chairs hearing to address Amtr......
        * Sen. Durbin chairs hearing to address Amtr......

        * Kirk Talks Imports and Exports...

        * Senator Barickman Appointed Judiciary Committee Spokesman
        * Senator Barickman Appointed Judiciary Committee GOP Spokesman
        * 2014 Illinois Governor: Rauner vs. Quinn Polling
        * Karen Lewis Discusses Potential Mayoral Run During Stop On Chicago 'Listening Tour' (VIDEO)
        * CivicLab To Emanuel: 'Come Clean' About $1.7 Billion In Unspent TIF Funds
        * The Real Value of $100 in Each State
        * Mother Drowned Two Newborns to Save Money on Abortion
        * Illinois Congressman takes the ALS challenge to a new level [video]
        * Thorner: Urgent Call for citizen action to reign in EPA
        * The [Friday] Papers


        * ICYMI: Term limits amendment — and citizens — lose
        * ICYMI: Rauner directs legal team appeal to Supreme Court
        * Rauner Response to False and Misleading Quinn Ad
        * ICYMI: Rauner ratchets up pressure on term limits question
        * Department on Aging Hosts Financial Summit to Strengthen Financial Abuse Protections of Seniors - Summit held during annual Adult Protective Services Conference




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