SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Question of the day

Thursday, May 15, 2014

* Kurt Erickson quotes Speaker Madigan

The powerful Democrat from Chicago chided reporters for suggesting he would be twisting arms in the coming days, saying that’s not how he plans to win support for what amounts to an election year tax increase.

“We’re not in the business of issuing threats,” Madigan said.

He doesn’t need to issue threats. People know what to expect.

* Meanwhile, Greg Hinz

So how seriously should you take Illinois House Speaker Mike Madigan’s proposal yesterday to rein in the state’s main job incentive program, so-called EDGE tax credits?

The answer likely depends on just how many votes the speaker has — or still needs — to pass a permanent extension of the state’s “temporary” income tax hike in the waning days of the General Assembly’s spring session. And on who might be inclined to provide those votes.

According to a variety of well-placed sources, revamping the Economic Development for a Growing Economy credits is one of a series of still-moving pieces on the wider income tax chessboard. Also reportedly in play are a possible cut in the state’s corporate income tax rate, an increase in the earned income tax credit for working families, Gov. Pat Quinn’s proposed $500-a-home property tax “refund,” and a permanent extension of the tax credit for research and development.

* The Question: Will Speaker Madigan pass the tax hike extension? Take the poll and then explain your answer in comments, please.


panel management

- Posted by Rich Miller        


33 Comments
  1. - Norseman - Thursday, May 15, 14 @ 3:00 pm:

    Yes. It’s hard to bet against da Speaker. He’s going to “leverage” the votes when needed.


  2. - RNUG - Thursday, May 15, 14 @ 3:02 pm:

    Yes … Aside from it being the Speaker behind the push, the budget math doesn’t add up any other way.


  3. - boat captain - Thursday, May 15, 14 @ 3:03 pm:

    I voted that he will pass the extension. That is his plan by voting on the budget first. You want it, you have to pass the extension to pay for it. The hammer that he will use to extend it. He knows that the state needs the revenue. And despite the posturing by some, I believe he has the votes when push comes to shove.


  4. - Grandson of Man - Thursday, May 15, 14 @ 3:17 pm:

    I took a gamble and said yes. The reason I think it’s a gamble is the sheer unpopularity of the thing during an election year. It also originally barely passed.

    One reason I voted yes is because the alternative is worse, the big reduction in revenue. Another reason I consider is that, as others have said, there are different moving parts to get this thing to pass, such as passing a budget first, corporate tax break proposal, municipal funding incentive, etc.

    It’s hard to disagree that we have major fiscal problems, but we can disagree in the means to correct them. I believe that we need the money, and the money will improve our fiscal situation.


  5. - Hamilton - Thursday, May 15, 14 @ 3:17 pm:

    Of course yes. The question is when, not if.


  6. - Oswego Willy - Thursday, May 15, 14 @ 3:22 pm:

    “Don’t bet against the Speaker” is an old, true adage.

    The Speaker can count to 60. The Dan Proft wrinkle is an interesting sideline to all this, but you can’t beat somebody with nobody, and $1 million is instant credibility and a boatload of ammo for negativity, it comes done to one vote, 60 “Yes” votes. Can the Speaker just get the 60? Yep.

    Will the Speaker find those 60?

    Yes.


  7. - fed up - Thursday, May 15, 14 @ 3:23 pm:

    Yes. He is in complete control, he could pass a resoulution praising Donald Sterlings humanitarion work if he wanted to.


  8. - Decaf Coffee Party - Thursday, May 15, 14 @ 3:31 pm:

    The budget bills and probably even a capital bill that should please targeted legislators will show everyone what life could look like with the extension. That would make voting against the tax hike a bit harder for some folks because, as the Speaker said, “the bar will be set.”


  9. - lake county democrat - Thursday, May 15, 14 @ 3:33 pm:

    Wait, there’s a box to vote “no”? I know it’s a little chilly outside Rich, but April 1st was over a month ago.


  10. - Precinct Captain - Thursday, May 15, 14 @ 3:33 pm:

    ==He doesn’t need to issue threats. People know what to expect.==

    So there were enough beatings in the past that morale improved in the present!


  11. - Steve - Thursday, May 15, 14 @ 3:38 pm:

    Who would vote against him? He’s the leader of the government aristocracy here.


  12. - HoosierDaddy - Thursday, May 15, 14 @ 3:43 pm:

    Obviously, he will pass it. The question might be what it will cost him in terms of seats, or in terms of additional resources to keep those seats.


  13. - Arizona Bob - Thursday, May 15, 14 @ 3:45 pm:

    Of course he will. With all the patronage and crony capitalism mouths he has to feed to stay on top, he needs the tax increase as leverage to keep getting ground troops and campaign cash.

    He’ll do it without a single GOP vote.

    As we found out in 2012 and will validate again in 2014, there are no electoral political consequences for Dems increasing taxes in Illinois.

    Perhaps if there was a less corrupt and better managed GOP in Illinois, the Dems could be made to pay a price for this tax abuse, but under current leadership that’s not going to happen.


  14. - Arthur Andersen - Thursday, May 15, 14 @ 3:47 pm:

    Yes. The budget math doesn’t work without it and he’s proving that out first.


  15. - Just Me - Thursday, May 15, 14 @ 3:49 pm:

    Polls on what the Speaker will or won’t do really are silly wates of time. Nobody knows and nobody can guess. The man is just too smart.


  16. - Jack Handy - Thursday, May 15, 14 @ 3:59 pm:

    This is Madigan’s matrix and most have taken the blue pill. Of course it will pass.


  17. - Keyser Soze - Thursday, May 15, 14 @ 4:04 pm:

    If the 60 votes can be gathered, the next question is how many will be ousted in the Fall?


  18. - Living in Machiaville - Thursday, May 15, 14 @ 4:10 pm:

    As I listen to the House debating budget bills, I am struck by the sheer contempt the Speaker has for the majority of the citizens of IL. It’s mind-boggeling that one human can aquire so many minnions in such a diverse state.


  19. - Bill White - Thursday, May 15, 14 @ 4:17 pm:

    Après moi le déluge

    It will pass and Illinois will be better off because it did. As others have said, the budget math doesn’t add up any other way.


  20. - OldSmoky2 - Thursday, May 15, 14 @ 4:24 pm:

    Yes, because there is no realistic alternative except for slashing education and services that most people don’t want to cut.
    As for this:

    “As we found out in 2012 and will validate again in 2014, there are no electoral political consequences for Dems increasing taxes in Illinois.”

    That sounds like representative democracy at work to me.


  21. - Do Good - Thursday, May 15, 14 @ 4:56 pm:

    Yes. Signs have been pointing to it all session. He always figures out a way.


  22. - A guy... - Thursday, May 15, 14 @ 5:09 pm:

    My auto-response would have been “yes”. Then, I stopped myself. Even Ken Jennings eventually lost. The math equation Rich laid out earlier with 16 Dems promising to vote against the extension made me think. The old adage may be in question here. I didn’t vote against the Speaker, but I didn’t vote with him this time either. If I see a legislator without an arm, I’ll have my answer.


  23. - Ruby - Thursday, May 15, 14 @ 5:18 pm:

    A review of state income tax rates throughout our country will explain why the tax hike extension is necessary and reasonable. A return to Illinois’ flat 3% state income tax will never be a solution to Illinois’ financial problems.

    State Individual Income Tax Rates, As of January 1, 2014

    http://taxfoundation.org/article/state-individual-income-tax-rates


  24. - Federalist - Thursday, May 15, 14 @ 5:37 pm:

    Also reportedly in play are a possible cut in the state’s corporate income tax rate, an increase in the earned income tax credit for working families, Gov. Pat Quinn’s proposed $500-a-home property tax “refund,” and a permanent extension of the tax credit for research and development.

    This is why it will probably pass. A nod to the businesses, a nod to the poor, and a nod to homeowners. Of course, it still targets those who do not fall into these special categories. Even the homeowners exemption is a $500 flat provision ( wonder if this type of flat taxing will raise the ire of the liberals) and thus does little for those who pay a high homeowners taxes as well as high state income taxes.

    But, it it shrewd in a left leaning state and as others have stated “Don’t bet against Madigan” particularly if this is want he really wants.


  25. - Louis Howe - Thursday, May 15, 14 @ 5:44 pm:

    I think many of the comments about Madigan border on sycophantic. The real power Speaker Madigan processes is stopping unwanted legislation. Enacting legislation is an entirely different matter.
    Making the current temporary tax increase permanent is not a new issue. Madigan has dealt with this problem many times over the last 30 years. He will want bipartisan support. At least a few Republican votes from downstate districts dependent on state funding. If the tax increase doesn’t pass, look for cuts in Republican controlled areas where state facilities provide significant employment.


  26. - Vibes - Thursday, May 15, 14 @ 6:22 pm:

    The other variable is the collected pension reform requests, all of which have the ability to shift the cost revenue picture for most of the government entities … chicago, munis, Cook, universities, etc … Lots of asks on the table


  27. - Floor Monitor - Thursday, May 15, 14 @ 6:29 pm:

    Tax increase WILL NOT PASS, there is not enough Democratic support either now or in lame duck. Increase needs to sunset, FY2015 is not in danger of the sky falling. FY2016 will be a very lean year, I would suggest providing each department head with a copy of Jack Welch’s “From Good to Great” we have been empire building for far to long, it’s time to do more with less.


  28. - Anon - Thursday, May 15, 14 @ 7:06 pm:

    If Madigan wants it to pass, it will. When will tax extension vote take place: in May or in January?


  29. - VanillaMan - Thursday, May 15, 14 @ 8:37 pm:

    I voted no. The time has come for us to see that Mr. Madigan’s magical power over the Illinois state government has over reached. Even if he succeeds, he will lose in November.

    Mr. Madigan has been making poor political decisions over the past year. This is another one, and he does not have enough ducklings to sacrifice this time.


  30. - Wumpus - Thursday, May 15, 14 @ 10:23 pm:

    Yes, he has the votes counted and those who he allows to vote no will boast that they did so. Miraculously, it will pass with 2-3 votes above the minimum.


  31. - G'Kar - Thursday, May 15, 14 @ 10:59 pm:

    I voted yes.

    And nice Louis XV reference, Bill White @4:17


  32. - Walter Mitty - Friday, May 16, 14 @ 7:42 am:

    I had to go No…. I think the tide is changing.This is too much for the average person to swallow. Will the legislators who will lose if the vote yes, think of MJM or themselves and constituents… I am hoping for the latter….


  33. - Pensioner - Friday, May 16, 14 @ 8:06 am:

    MM passes what he sees fit to pass.


Sorry, comments for this post are now closed.


* Durbin's back to the future?
* Rauner bites back at union leaders
* Finally, some good Illinois news
* Question of the day
* Attorney General's office says plaintiffs can't back out of Duckworth settlement
* Can't win for losing
* Rauner claims he's meeting with Dem legislators today
* *** LIVE COVERAGE *** Rauner press conference
* *** UPDATED x1 - Gov. Rauner slams story *** Report that Mrs. Rauner wants no reelection is disputed
* Another judge rules that IDPH director violated due process rights
* "It’s not even close to being balanced"
* Kirk campaign admits contact with "whistleblowers" after Duckworth settlement
* Durbin attacks Rauner, says he'll decide about run after November
* SUBSCRIBERS ONLY - Supplement to today’s edition
* *** LIVE COVERAGE *** Democratic National Convention
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** UPDATED x1 - Emanuel responds *** Right under the bus he goes
* 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

  
* Best multiplayer games
* White Noise 7 is out, and wants to be like Instagram for restful sounds
* New iMovie for iOS Update Makes it Easier to Start and Share Projects
* Alphabet’s huge Q2 shows its ads business may not be so challenged after all
* The latest on what to expect from the Galaxy Note 7
* Protecting Your Privacy in Safari for iOS
* Opternative and 1-800-Contacts now let users get updated prescriptions from home

* White Sox Rumors: Interest in James Shields is increasing
* Ranaudo flirts with no-no before Sox falter late
* Ranaudo the first AL pitcher to homer in 2016
* Midseason update: White Sox Top 30 Prospects list
* Cubs 8, White Sox 1: Anthony Ranaudo can't do it all
* Sale returns from suspension to face Cubs
* Ranaudo flirts with no-no before Sox falter late

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


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

Archives
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
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


* Labor's Ire for Rauner On Display at the DNC - .....
* Rauner hoping for windfall with new lottery ope.....
* Durbin rips Rauner, says governor tries to divi.....
* Durbin rips Rauner, says governor tries to divi.....
* Durbin rips Rauner, says governor tries to divi.....
* Durbin rips Rauner, says governor tries to divi.....
* Durbin rips Rauner, says governor tries to divi.....
* Durbin rips Rauner, says governor tries to divi.....


* 'The House on Mango Street' novel turned into art exhibit
* Standing Rock Sioux sues Corps over oil pipeline permits
* Fire erupts at Gurnee propane plant
* Illinois towns seek solutions to Lake Michigan sand erosion
* Gary woman found stabbed to death with man identified
* East Chicago residents advised to leave complex due to lead
* Illinois seeking new private manager for state's lottery
* Illinois seeking new private manager for state's lottery
* Chicago-area man convicted of $4.7 million Medicaid fraud
* Indiana gospel singer convicted in Illinois child sex case

* Local unemployment again lowest in state for June
* Illinois seeking new private manager for state's lottery
* Durbin rips Rauner, says governor tries to divide Illinois
* Illinois seeking new private manager for state's lotter
* Chicago-area man convicted of $4.7 million Medicaid fraud
* Blagojevich won't attend resentencing, to take part by video
* Chicago-area man convicted of bilking Medicaid for millions
* Rauner: Illinois doing all it can on Legionnaires' cases
* Chris Kennedy blasts Gov. Rauner at Democrats' convention
* AP source: Site for Obama's presidential library chosen

* Fire erupts at Gurnee propane plant
* This artist is working to make children's hospital wards a little brighter
* Americans blow $27.8 billion a year by being lazy
* U.S. opposes Anthem push for a quick trial in Cigna merger case
* U of C, Northwestern are middle-rated in controversial hospital ranking


* Official Prince tribute concert set for October
* Catalina Island: Grazing buffalo and a new museum
* Bears RB Jeremy Langford bulks up for possible bigger workload
* More than 300 flights canceled at O’Hare and Midway due to storms
* Mona Charen: Where does a patriot turn in 2016?
* Rauner hoping for windfall with new lottery operator
* Man killed, woman injured in West Garfield Park shooting
* Large fire, explosions reported at Gurnee propane company
* Jack Higgins’ Perspective for July 29, 2016
* Lollapalooza: Food, art complement the music at Chicago fest


* Live Blog: Storms but no evacuation expected on day one of Lollapalooza
* Zion man shot during pursuit charged with DUI, fleeing police
* Man convicted in Chandra Levy's death won't be retried
* Police: Seventh New York resident charged in attempted Apple Store fraud
* Jimmy Butler on his reputation in the NBA: 'I know where I stand'
* Body found in garage in Chatham identified as missing woman
* Mayor: 'Large-scale fire' at propane facility in Gurnee
* U.S. rejects Whole Foods' trademark claim as 'World's Healthiest Grocery Store'
* Viking warship captain downplays diplomatic spat with U.S. Coast Guard
* LINDA C. BLACK HOROSCOPES for 7/28/16


* Local unemployment again lowest in state for June
* Illinois seeking new private manager for state's lottery
* Durbin rips Rauner, says governor tries to divide Illinois
* Chicago-area man convicted of $4.7 million Medicaid fraud
* Blagojevich won't attend resentencing, to take part by video
* Bernard Schoenburg: Durbin leads a very early 2018 gubernatorial poll
* George Will: The path ahead for Clinton
* U.S. Sen. Mark Kirk: Fighting the heroin epidemic in Central Illinois
* Eugene Robinson: Can the Democrats stay out of their own way?
* Chicago-area man convicted of bilking Medicaid for millions


* Carbondale man sentenced to prison for biting son's arm
* 07-28-16 Jim Turpin with the Cast of Oklahoma from the Champaign Urbana Theatre Company @cutheatreco @thevirginia
* 07-28-16 Penny for Your Thoughts
* Small plane crashes near Dwight Airport
* Armed robbery reported at Twin City credit union
* 2016 Champaign County 4-H Livestock Shows
* Champaign County Fair: 4-H Livestock Shows
* Q-C unemployment rises to 5.6% in June
* Street closures listing
* Boil Order


* Afternoon storm floods streets, uproots trees in Palatine
* Buffalo Grove heroin OD victim becomes namesake for federal law
* Thibodeua returns to United Center with Team USA
* Gurnee propane plant fire upgraded to seventh alarm
* Storm warning canceled in DuPage, Kane, but heavy rains cancel flights

* 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

* Durbin rips Rauner, says governor tries to......
* Durbin rips Rauner, says governor tries to......
* Durbin rips Rauner, says governor tries to......
* Durbin rips Rauner, says governor tries to......
* Durbin rips Rauner, says governor tries to......

* 2 US Senate candidates fail to get on Illi......
* 2 US Senate candidates fail to gather need......
* 2 US Senate candidates fail to gather need......
* 2 US Senate candidates fail to gather need......

* Police Shootings and Race
* House Republicans Tap Breen to Fill Vacancy on Bipartisan Reform Working Group
* Rogue Tickets? Watch Your Car For 7-Day Tow Notices
* #TBT - November 2009: Maryville Site In Development Talks
* Graphic For 'Utilities Pay Up' Report
* IPS Graphic
* Cartoon of the Day - 7/28/16 Trump and Putin DNC emails
* Sign At Chicago 'Freedom Square' Encampment
* 'Freedom Square' Tent City
* Chicago Activists At 'Freedom Square' Encampment


* Governor Rauner and Illinois Lottery Seek New Management Partner
* Governor Visits Quincy Veterans Home Following New Cases of Legionnaires’ Disease
* Zika Virus And The 2016 Summer Olympics - Travel guidance for those heading to Brazil for the Olympics
* Two Cases of Legionnaires’ Disease Identified in Adams County - New admissions to Quincy Veterans' Home halted
* Serve Illinois Commission Announces $15.6 Million for AmeriCorps Programs - 32 grantees will place almost 1,600 AmeriCorps volunteers in communities




Hosted by MCS -- CapitolFax.com Privacy Policy -- SUBSCRIBE to Capitol Fax -- Advertise Here -- Mobile Version -- Contact Rich Miller