* Dan Proft warns legislators about voting to make the income tax hike permanent…
Liberty Principles PAC intends to monitor very closely the votes of those legislators up for re-election in November, such as the 11 House Democrat sponsors of HB 1064, who made a commitment to sunset the 2011 tax increases as originally promised.
I hasten to add that Liberty Principles PAC’s willingness to engage is bipartisan in nature, as was proven in the March primary election. We will also take an interest in the political future of any Republicans who would aid and abet defrauding Illinois taxpayers.
If we do not hold to account legislators who make promises they know they will not keep, we will beget more of those kinds of legislators. And if we do not have legislators who keep their promises, Illinois will keep losing businesses and families to states that do.
Liberty Principles PAC has a balance of more than $1 million in its campaign account currently. I am confident that figure will grow substantially between now and November.
* Set aside the rhetoric and Proft makes an extremely good point about HB 1064, which was introduced last year…
Reduces the rate of tax to 3% for individuals, trusts, and estates and 4.8% for corporations.
The bill’s sponsorship list…
Martin J. Moylan - Stephanie A. Kifowit - Sam Yingling - Katherine Cloonen - Natalie A. Manley, Deborah Conroy, Sue Scherer, Jerry F. Costello, II, Carol A. Sente, Patrick J. Verschoore and Kathleen Willis
Those legislators, plus historically anti-tax Democratic state Rep. Jack Franks, are more than enough to kill the tax hike extension on their own. If any of them flip, Proft and everyone else will have good reason to go after them.
*** UPDATE *** I also seriously doubt that former Rep. Keith Farnham’s recent replacement can be a “Yes” vote on the tax hike extension. That’s 13 total. The House Dems have 71 members with 60 needed for passage. Do the math. This ain’t gonna be easy or pretty.