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* Back in January, the AP asked the state’s business leaders what they’d like to see out of the incoming Rauner administration…
Company leaders are typically among the fiercest proponents of tax cuts. But while many say they’d like to see changes such as the elimination of the state’s franchise tax, they also say the state has few options to generate much-needed money. “You can’t continually cut state government,” [Dennis Larson, executive vice president of the Central Illinois Builders] said. […]
But whatever happens, it needs to happen soon, Illinois Manufacturers’ Association President Gregory Baise said.
“Manufacturers want certainty. They want a tax structure that they know is going to be in place and they can plan,” Baise said. “We may not like the answers the governor is going to come up with. We understand that.” […]
First, “bring our revenues in line with expenditures,” Illinois Chamber of Commerce President Todd Maisch said. “But No. 2, show really every citizen of Illinois that the political process can work.”
Credit to Baise for staying on message since then. Maisch has since dropped his demand that the governor fix the budget first and show us how to make the process work and has instead gone all-in on the impasse.
But by these standards, Illinois is not #winning.
posted by Rich Miller
Wednesday, Nov 4, 15 @ 9:44 am
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The year end #’s for business and population out-migration will be curious, indeed.
Comment by Formerly Known As... Wednesday, Nov 4, 15 @ 9:51 am
=bring our revenues in line with expenditures=
Rauner has done the opposite. Lowering revenue to create a crises of billions of dollars. Unsound actions, impending budget train wreck.
Comment by DuPage Wednesday, Nov 4, 15 @ 9:52 am
I think business is signaling that they are becoming increasingly uncomfortable with the reason for impasse being “pro-business reform”. I bet we’ll see business starting to say it not “worth it” for Rauner to crash the state economy. The failure next door in Kansas and the PPP failure in Michigan is being noted. Just a guess.
Comment by Honeybear Wednesday, Nov 4, 15 @ 9:54 am
Turning around on the TurnAround?
Clinton was one of the towns that signed on to the TAR-
http://dewittdailynews.com/news/details.cfm?clientid=22&id=195064#.VjoqNnLouuo
http://dewittdailynews.com/news/details.cfm?clientid=22&id=195198#.VjopWXLouic
Comment by Anon221 Wednesday, Nov 4, 15 @ 9:55 am
Relevant
==Time Slows Down during Accidents== Doc Valtteri Arstila published 2012
Comment by Formerly Known As... Wednesday, Nov 4, 15 @ 9:55 am
With his deep pockets, Rauner doesn’t need to worry about what big business wants.He can fund himself. He knows better what’s good for them. What arrogance!
Comment by Truthteller Wednesday, Nov 4, 15 @ 10:06 am
I am supposed to feel sorry for Greg Baise?
Comment by Hedley Lamarr Wednesday, Nov 4, 15 @ 10:10 am
Reasonable expectations followed by Rauner’s unreasonable agenda.
Comment by Norseman Wednesday, Nov 4, 15 @ 10:15 am
Maisch might want to see someone about that multiple personality thing he has going on.
His op-ed last week, an obviously Rauner-requested response to the Crains editorial telling the governor to move on already, read like The Onion, what with the governor restoring “fiscal sanity” and “basic competency” and such.
Comment by Wordslinger Wednesday, Nov 4, 15 @ 10:19 am
Lowering the prevailing wage likely will not save school districts much money but can result in widespread wage reduction. RTW states are worse for wage earners, and BLS consistently shows that union members earn more than their non-union counterparts in the vast majority of occupations/fields.
I read today again about teacher shortages in Wisconsin and other states–people not applying for teaching jobs as much as in the past. A reason mentioned is the elimination of virtually all collective bargaining in Wisconsin.
I heard and read that Illinois has an overreliance on property taxes compared with the state income tax, to pay for schools. That is something we may need to address to help reform our taxes. Tough negotiations with unions during hard fiscal times don’t scare me, as long as union rights are kept intact and government workers are respected and are not scapegoated via draconian cuts.
I think we need fiscal stability way before we even begin talking about things like term limits and redistricting, as we can see with the cuts and hardship during this budget crisis. Part of that is increasing the state income tax, ballpark to our neighbors.
Comment by Grandson of Man Wednesday, Nov 4, 15 @ 10:26 am
== “But No. 2, show really every citizen of Illinois that the political process can work.” ==
Now he favors just the opposite. And the Rauner policy is accomplishing that revised goal.
Comment by nona Wednesday, Nov 4, 15 @ 10:32 am
Wait’ll the federal match funds start disappearing. At that point, it’s the point of no return. And it’s all on Rauner. There’s no fixing or repairing millions and millions of fed match.
Comment by Frenchie Mendoza Wednesday, Nov 4, 15 @ 10:53 am
Ten months is long enough to see what this Bruce Rauner can and cannot do.
Anyone wanting to keep supporting this guy as he wrecks Illinois is being willfully blind. Anyone hoping that this is all a bad political stunt that could end happily for us, needs to wake up and smell the smoldering remains.
You guys thought Illinois was badly run before? Take a look around now. Rauner has made it a whole lot worse. It is going to take years to regain what has been lost over the last year.
Illinois’ business leaders don’t want to admit it, but they are on the record - Rauner has failed their expectations as well as everyone else’s.
This is by far, the worse first year of any Illinois governorship in my lifetime, and perhaps in our 200 year history.
Comment by VanillaMan Wednesday, Nov 4, 15 @ 10:56 am
Not only disappearing, but having to be returned as well if certain projects are not followed through. I cringe every time I hear on the news of a Federal grant program Illinois has won. Most of these were applied for under the previous administration, but the current one is shooting them all to _____.
Comment by Anon221 Wednesday, Nov 4, 15 @ 10:57 am
Given how its administered, I think you could throw the business community a bone by eliminating the franchise tax. It could even be a part of a hypothetical tax reform package the Legislature could tout.
Comment by Dirty Red Wednesday, Nov 4, 15 @ 10:58 am
If they’re smart, they’d use the Nov 18 public gathering to announce a budget deal.
That’s about the only way Rauner will get a win this late in the game.
Comment by Frenchie Mendoza Wednesday, Nov 4, 15 @ 11:03 am
The reason it seems like 100 years ago is because of how badly Bruce Rauner has fallen from initial expectations.
He isn’t what was elected.
Comment by VanillaMan Wednesday, Nov 4, 15 @ 11:05 am
It is unlikely that this will end in a carefully crafted budget compromise which takes into account business needs, income inequality, excessive reliance on property taxation, and the economic travails of the middle class.
No, it’ll be a rush job,in January or maybe even in March, after the primary, restoring almost all of Pat Quinn’s income tax increase-personal and corporate and instituting a couple of modest reforms Rauner can claim. Plus, a lot of borrowing and smoke and mirrors to get through this fy, next one too.
If the economy improves significantly, that would help. But if it doesn’t, there is no Superman (or woman) waiting in the political wings in either party,no real reformers for example, so we’d better get used to status quo. The status quo is really, really nice for some folks, of course, not just the one percent, but also a lot of state politicians.
Comment by Cassandra Wednesday, Nov 4, 15 @ 11:10 am
Todd Maisch is a sell out. He floats with the winds of Bruce. The Chambers want stability not chaos and that’s what Rauner has created. They didn’t like the rules under Quinn but at least they knew the rules, they were concrete. This goes back to the days of Blago when chaos was the norm. Business doesn’t want chaos they want to know what the rules are then they’ll figure out how to deal with it. If it keeps changing that’s a problem. Maybe Todd doesn’t understand that?
Comment by DuPage Bard Wednesday, Nov 4, 15 @ 6:04 pm