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?


TrackBack URI

Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Question of the day
* Emanuel blames state for phony school budget
* AFSCME: Cullerton plan "looks like extortion"
* BGA sues IHSA over FOIA
* Michelle Obama pledges "everything in our power" to help Quinn
* The consequences of budget cuts
* Meza wants to become involved in patronage lawsuit
* "Instant responders"
* Cullerton mulls a solution while the savants incite panic
* Here comes teh crazy - for real
* Caption contest!
* Today's quotable
* Adventures in state-funded stupidity
* 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

          
        * iPhone 6 clone functions, Moto X+1 leaks, Samsung Gear VR app & more – Pocketnow Daily
        * How I Crowdsource My Grocery Shopping With Instacart
        * Unlocking bill passes both houses of Congress: well on its way to becoming law
        * OneNote makes its way to Amazon Android devices
        * Lumia Instagramer of the Week: Keerthy Shunmugarajan
        * Phone unlocking bill clears US House, next step is president's signature
        * Unlocking Your Cell Phone Is Still Illegal, But Probably Not For Long

        * President Obama To Sign Bill That Makes Cellphone Unlocking Legal
        * Maisie Williams Considered For A Role In The Last Of Us Movie
        * Americans Spend 40 Minutes A Day On Facebook, According To Mark Zuckerberg
        * Buzz Aldrin: We'll Be on Mars 'Before 2040'
        * Artist Uses Desktop Scanner Underwater To Create Abstract Art
        * Coolest Kickstarter Project Is The Third Most Funded At $7 Million
        * GTA 4 iCEnhancer Mod Updated To Version 3.0

        * Emotions building for large Hall of Fame class
        * White Sox shouldn't fear trading within the division
        * Noesi's arm, Eaton's bat lead Sox over Twins
        * White Sox 5, Twins 2: Noesi Dazzles
        * White Sox 5, Twins 2: Hector Noesi dazzles
        * Danks focuses in on Twins as series continues
        * Noesi's arm, Eaton's bat lead Sox over Twins


        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


        * Quinn signs higher education legislation at the.....
        * Murray center closure on hold - The Southern..
        * Rauner Commercial Receiving Backlash - WICS-TV..
        * Chili Cheese Dog for Christie and $2.5 million .....


        * Several people reported shot on Chicago street
        * Feds' immigration figures may not give full story
        * Durbin hails new Chicago gun intelligence effort
        * Bulls' Noah releases PSA in fight against violence
        * NJ Gov. Christie campaigns for Rauner in Chicago
        * Illinois sets nonconference schedule
        * Man accused of taking computers from foot lockers
        * Illinois man gets 1 year in grant fraud scheme
        * Man, 18, charged in child death held without bond
        * Fast food workers prepare to escalate wage demands

        * Rauner continues push for Illinois term limits
        * Quinn 'deeply concerned' about immigrant children
        * Quinn anti-violence spending didn’t pull big votes
        * Gov. Christie to campaign for Rauner in Chicago
        * Business, labor: Speed up Illinois’ fracking rules
        * Teen collapses at Quinn campaign event
        * Quinn to OK marijuana use for children with epilepsy
        * Coalition: State must move faster on fracking
        * Illinois law a boost to ex-offenders seeking jobs
        * Statehouse Insider: Details, details. Rauner finally has details

        * House Ethics panel investigating Bobby Rush
        * Cook County health board selects new leaders
        * Chicago-Indianapolis Amtrak line losing subsidy
        * Obama aide says White House ready for Republican impeachment attempt
        * United's two-step program for better profits (and service)


        * Joakim Noah urges Chicagoans to down their guns in PSA
        * Joakim Noah urges Chicagoans to put down their guns in PSA
        * Bulls Joakim Noah urges Chicagoans to down their guns in PSA
        * A HUMANE APPROACH TO THE BORDER
        * Grieving mom files second suit against father-in-law Chicago cop
        * Employee at O’Hare accused of stealing from military foot lockers
        * Bike-shop mechanics help cops nab bicycle thieves
        * O’Hare employee accused of stealing from military foot lockers
        * Prosecutor: Shooter knew rival wasn’t in crowd but fired anyway
        * 1 dead, 7 hurt in shootings Thursday


        * City Hall watchdog launches sweeping probe into red light camera program
        * 1 questioned, 1 sought in Orange Line robbery
        * Christie brings $2.5 million for Rauner, springs for hot dogs
        * Christie brings $2.5 million for Rauner, springs for hot dogs
        * chi-scene-of-the-crime-16yearold-killed-after-day-of-neighborhood-conflict-20140725_storylink
        * Police: At least 5 shot on West Side
        * Fixed gear bicycle race planned for Saturday
        * Chicago aldermen ask City Hall watchdog to probe red light ticket program
        * Man gets 38 years for near-fatal, double knife attack
        * Cops: Reports of tiger roaming Gary don't check out


        * Seven Months And Two Storms Later, Executive Mansion Gets Mini-Fix
        * State Police Cancels New Trooper Training, Citing Budget
        * Feds' Immigrant Numbers For Illinois May Not Tell Whole Story
        * Listen to State Week - July 25, 2014
        * Inspector General Discloses Political Hiring Investigation
        * Man Robbed By Fake Police On I-55
        * Illinois Sees Growth In Tax Revenue, But It Won't Last Long
        * Business, Labor Leaders Urge Quinn Administration To Finish Fracking Rules
        * Pullman to get an indoor sports facility
        * Board of Education approves "stop-gap" budget for 2015


        * Quinn 'deeply concerned' about immigrant children
        * Gov. Christie to campaign for Rauner in Chicago
        * Business, labor: Speed up Illinois’ fracking rules
        * Neal Waltmire: Rauner inconsistent, irresponsible on taxes
        * E.J. Dionne: Blind ideological justice
        * Esther Cepeda: Tough calls on border kids
        * Teen collapses at Quinn campaign event
        * GOP Rauner's campaign ad used made-up headlines
        * Lawyers will push to speed up pension reform ruling
        * Bernard Schoenburg: Stocks-Smith considers another run for mayor


        * West-end residents, businesses want action after shooting
        * National outdoor art show to hit billboards
        * PHOTOS: Millikin exchange students try country line dancing
        * Marion man gets 12 years in prison
        * Driver dies in accident after eluding police
        * Office complex is hope for former Howard Johnson's
        * SportsTalk 7-25-14
        * Murray center closure on hold
        * 5 things to do this weekend
        * Quinn says Illinois could house immigrant children


        * Arlington Park trainer Wayne Catalano, hospitalized with pneumonia, doing better
        * Memorial service set for A. Heights mom who saved boy
        * Garth Brooks fans snap up tickets to 10 Rosemont shows
        * Israel to blame? Hamas? Comparing 2009 with 2014
        * Israel, Hamas accept 12-hour pause; talks extended

        * 'It's an adventure'! Michelle Malkin and f...
        * What Does Representative Schakowsky Usuall...
        * Jan Schakowsky tries minimum wage - Politico
        * Statement by Rep. Jan Schakowsky on Presid...
        * Atanus disputes email announcing withdrawa...
        * Malkin's news for Dems: It's 'not an inter...
        * Labor Dept., Dems renewing push to hike mi...
        * Rep. Jan Schakowsky (D-Imwit) Dares To #Li...
        * Illinois Congresswoman Takes on Minimum-Wa...
        * Rep. Jan Schakowsky's minimum-wage menu is...

        * Amy Gehrt: Time to end tax-dodge shadiness...
        * Amy Gehrt: Time to end tax-dodge shadiness...
        * Amy Gehrt: Time to end tax-dodge shadiness...
        * Amy Gehrt: Time to end tax-dodge shadiness...
        * Amy Gehrt: Time to end tax-dodge shadiness...

        * Feds' immigrant figures may not give full ......
        * U.S. Senate Committee Encourages NIH to Co......
        * Gang of Eight Republicans Promise: We're N......

        * Downtown Rush Hour ‘Carmageddon’ Friday Evening
        * Bernardoni named to affordable housing task force in Chicago
        * Seize all the Sept. 4 opportunities for only $99
        * Ten minute drawing. Chicago Transit Authority.
        * Southern Illinoisans angry with Quinn's delay of fracking jobs
        * Hughes: Play to Win
        * Chicago area fast food workers threaten to escalate wage demands
        * Cavuto vs. Schakowsky on Minimum Wage Debate [video]
        * Kinzinger: Freeze Putin's Assets
        * IRS agrees to monitor churches for "electioneering"


        * Governor Quinn Statement on Unaccompanied Children Crossing the US Border
        * Governor Quinn Welcomes New Class of Illinois State Police Troopers - 37 Police Academy Graduates Assigned Across the State
        * July 30 Hiring Event to Maximize Veterans' Non-Profit Job Opportunities - IDVA, IDES and U.S. Chamber Partner in first-of-kind event
        * Governor Quinn Signs Legislation to Ensure Quality Distance Learning and Online Education Programs - Also Signs Legislation to Streamline School Financial Processes and Extend Task Force on Civic Education
        * Governor Quinn Signs Legislation to Improve Charter School Fairness and Accountability - New Law Makes Lottery Process Transparent and Helps Prevent Conflicts of Interest




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