Capitol - Your Illinois News Radar » Swinging at straw men
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
To subscribe to Capitol Fax, click here.
Swinging at straw men

Wednesday, Jan 22, 2014

* From Transylvania University

It’s called hitting the ground running. “When I graduated in May, I never expected to be in national media by November,” said Transylvania University economics and international affairs grad Lyman Stone ‘13.

It’s been that kind of year for Stone, now working as an economist at the Center for State Tax Policy, an arm of the Tax Foundation in Washington, D.C., as he pursues a master’s degree in international trade and investment policy at George Washington University.

A photo posted next to the story has Stone smiling…

* So, why is a profile of a recent out-of-state undergrad relevant here?

Stay with me.

From a January 15th press release

Illinois state Reps. David McSweeney, Ron Sandack, Ed Sullivan, Darlene Senger, Tom Morrison, Patti Bellock and Jeanne Ives, and State Sen. Michael Connelly will join other legislators on Wednesday at a press conference to express their concerns with the proposed progressive income tax in Illinois. A new report from the nonpartisan Tax Foundation has found that proposed changes would negatively impact the state’s ranking on the State Business Tax Climate Index. Illinois would be demoted from the 31st best climate in the country to 44thoverall, and its individual income tax rank would drop from 11th place to 33rd if it adopted the proposed progressive tax plan. The study also notes that the progressive income tax would affect many Illinois small businesses that pay taxes through individual income tax code.

The Tax Foundation’s Joseph Henchman, vice president of state & legal projects, and Lyman Stone, economist, will lead the press conference with a discussion of their findings. [Emphasis added.’

Um, the guy just got a Bachelors degree last year and he’s touted as an economist?

I thought you needed a “piled high and deep” for that designation.

* Americans for Prosperity rushed to point out the new study by the “economist”

Recently, Lyman Stone, economist with the non-partisan Tax Foundation and Joseph Henchman, the organization’s Vice President of State Operations joined with Illinois lawmakers for a downtown Chicago press conference. There, the Tax Foundation unveiled the sobering findings of a recent study which shows the potential impact of the proposed progressive income tax.

* And the Illinois Policy Institute pounced immediately

The Tax Foundation released an analysis of the proposal to dump Illinois’ fair, flat tax in favor of a progressive tax that would force people to pay higher taxes as their income increases. The conclusion was unsurprising: a progressive income tax would deliver a devastating blow to Illinois’ already struggling business climate.

The Tax Foundation ranks states based more than 100 different variables that fit into five broad categories: major business taxes, individual income tax, sales tax, unemployment insurance and property tax. The index ranks the general competitiveness of state tax systems – with 1st being the most competitive and 50th being the least competitive state tax system. A state with a ranking of No. 1 is considered the most competitive economically.

* To the study

Illinois’ State Business Tax Climate Index score could fall to 44th, from 31st currently, if the proposed progressive income taxes are passed, which indicates a tax climate less supportive of economic growth […]

With the 2011 tax increases scheduled to sunset in part, and with the state budget still not structurally balanced, some policymakers may consider doubling down on bad tax policy. One proposal that has emerged in recent months is to consider a graduated, or progressive, income tax that would impose many additional rates on individual income.

For example, (HJRCA0033) would amend the state constitution to allow a progressive income tax.6 The plan includes seven tax brackets and a top rate of 9 percent, raising taxes on all income over $18,000.

* The citation the economist author uses is a link to the proposal itself. The full and complete actual language

There may be one tax on the income of individuals and corporations. This may be a fair tax where lower rates apply to lower income levels and higher rates apply to higher income levels. No government other than the State may impose a tax on or measured by income.

Yes, some rates have been discussed in the media, but the legislative proposal itself makes no mention of them. So picking essentially random tax rates and plugging them into a tax climate score just doesn’t do it for me.

- Posted by Rich Miller        

  1. - Stones - Wednesday, Jan 22, 14 @ 1:18 pm:

    The guy looks like he would be fun to party with!

  2. - Downstater - Wednesday, Jan 22, 14 @ 1:20 pm:

    Pass the progressive income tax and bring a smile to face of the executives at United Van Lines.

  3. - wordslinger - Wednesday, Jan 22, 14 @ 1:22 pm:

    I thought it was a gag with “Transylvania University.”

    Who runs the economics department down in Kentucky, Bela Lugosi?

    The push for a progressive state income tax is what scares the Civvies.

    They never cared about pension debt or corporate income tax. Their companies don’t pay state income taxes, anyway, so they’re not on the hook.

    A progressive personal income tax would sting the likes of Miles White and other multi-national execs.

  4. - Reality Check - Wednesday, Jan 22, 14 @ 1:23 pm:

    And the Tax Foundation, like AFP and IPI, is a front for the Koch Brothers.

    I love that their VP’s name is Henchman. Where did he come from, a Scooby-Doo cartoon?

  5. - Weltschmerz - Wednesday, Jan 22, 14 @ 1:27 pm:

    Over the years I’ve noted the blurring of job titles to the point of their being meaningless. This morning I yelled at a guy to get his dog off of my lawn. I now consider myself a “Community Activist”. Look for me in the background on TV news bytes.

  6. - Formerly Known As... - Wednesday, Jan 22, 14 @ 1:28 pm:

    When I hear “economist”, I think of a professor in the 50-60 year-old-range. Not a new graduate.

    Regardless, it doesn’t make much difference if the kid is smart. We often fall into the assumption that younger people or new faces don’t know what they’re talking about.

    If the underlying data is solid, it doesn’t matter how old the author of the study is.

    If the underlying data is flawed, then the Tax Foundation should issue a correction or retraction.

    This seems like an enthusiastic and bright kid. These groups should be grooming him, not using him.

    By the way, we’re all still waiting for a correction on the infamous Romer-Bernstein paper projecting concerning America’s unemployment rate, etc., if we passed the “stimulus”.

    Even grizzled economists make gross mistakes.

  7. - Pot calling kettle - Wednesday, Jan 22, 14 @ 1:29 pm:

    ==Pass the progressive income tax and bring a smile to face of the executives at United Van Lines.==

    Moving where? To one of the eight states that has a flat tax (and only two have flat rates significantly lower than Illinois). The fact is that most states and the Feds use a progressive rate structure.

  8. - Jake From Elwood - Wednesday, Jan 22, 14 @ 1:33 pm:

    Not exactly your father’s Milton Friedman.

  9. - JDeb - Wednesday, Jan 22, 14 @ 1:50 pm:

    I’d be surprised if this guy is the sole author/ researcher on this report. Groups like this usually have a number of folks reviewing. Plus, it’s not like this guy started this Index the Tax Foundation uses.

    Short of using rates in existing legislation or ones put forth by leadership, it seems reasonable that they would score a proposal using rates already put forth publicly by the bill’s longtime sponsor to try and figure out the impact this could have. Suppose they could have used the CTBA rates too.

  10. - Anon. - Wednesday, Jan 22, 14 @ 1:50 pm:

    “The Tax Foundation released an analysis of the proposal to dump Illinois’ fair, flat tax . . .”

    This just in: Tax Foundation says Illinois’ tax is fair!

  11. - wordslinger - Wednesday, Jan 22, 14 @ 2:06 pm:

    –”The Tax Foundation released an analysis of the proposal to dump Illinois’ fair, flat tax . . .”

    This just in: Tax Foundation says Illinois’ tax is fair!–

    Anon, that’s very funny.

    The whole push-back against a progressive income tax is interesting. In my circle of acquaintances, it’s not even on the radar. But the idea sure has some people spooked.

  12. - captaingeorge - Wednesday, Jan 22, 14 @ 2:08 pm:

    @ Wordslinger A progressive tax hurts me. I am not a multimillionaire. I am solidly middle, middle class. I would pay more in taxes too at least for a few more years before I retire. Then I will no longer be solidly middle class whereupon all my views will change so I can suck the state even drier. One does not need to attend or graduate from Transylvania University to understand how to suck blood even from a dying donor.

  13. - Arthur Andersen - Wednesday, Jan 22, 14 @ 2:11 pm:

    Dude, we’re in the, like, Capitol Fax! Illinois, Man! Awesome!
    Party on, Wayne! Party on, Garth!

  14. - Boone's is Back - Wednesday, Jan 22, 14 @ 2:11 pm:

    At least they’re not appointing him as an agency director. Maybe PQ will call him up tomorrow.

  15. - Jorge - Wednesday, Jan 22, 14 @ 2:17 pm:

    A lot of these think tank reports are qualitative opinionated arguments not statistically significant quantitative analysis. Hence why I only look at the data think tanks use.

  16. - globalguy - Wednesday, Jan 22, 14 @ 2:32 pm:

    And I thought unemployment was a problem for his generation. Also, according to US News & World Report, TU is ranked 76th among National Liberal Arts Colleges and has an 84% acceptance rate.

  17. - shore - Wednesday, Jan 22, 14 @ 2:46 pm:

    that picture is awesome. The study aside-and that’s not the kids fault I think it’s great a young kid like that is rocking. good for him. the kid in the red hair however looks like he belongs in a seth rogen movie.

  18. - Anonymous - Wednesday, Jan 22, 14 @ 3:02 pm:

    Well, it’s good to know that the Washington Post and Fox Business search for experts on Google just as some of us do. And that the young man is candid enough to admit it.

  19. - Norseman - Wednesday, Jan 22, 14 @ 3:38 pm:

    Perhaps we should blow up the picture of this fine upstanding economist and send it to the solons so they can get it autographed by him. They admire his work so much.

    Personally, I’m of the opinion that they should be ashamed of themselves.

  20. - Empty Suit - Wednesday, Jan 22, 14 @ 3:40 pm:

    “Economist? Heck no man but I did stay at a Holiday Inn Express”

  21. - Skeptic - Wednesday, Jan 22, 14 @ 3:55 pm:

    Think of this next time someone tries to bolster their paranormal claims using people that call themselves “scientists.”

  22. - Give Me A Break - Wednesday, Jan 22, 14 @ 4:04 pm:

    You just know Rich is going to use that pic for a Friday blog post.

  23. - walker - Wednesday, Jan 22, 14 @ 4:47 pm:

    Good for this kid to get interested in government and stay involved.

    I just hope he learns some real economic analysis methods at George Washington.

    His conclusions reached by assuming unknown tax rates and using this unproven scorecard, are next to meaningless.

    Ok, he tried. And he pleased his employer.

    ==non-partisan Tax Foundation==

    makes me laugh every time

  24. - low level - Thursday, Jan 23, 14 @ 9:17 am:

    Excellent digging, Rich. Spot on.

    Yep, kid makes it big, and now he’s an expert. Right.

    Pretty telling when they have to rely on kid’s analysis. Says a lot about them.

Sorry, comments for this post are now closed.

* SUBSCRIBERS ONLY: Early voting roundup
* Still more shenanigans!
* Sunday campaign money roundup
* Even more shenanigans!
* More shenanigans!
* Saturday campaign money report
* *** UPDATED x2 *** Shenanigans!
* Tribune drops bombshell on Biss running mate
* Reader comments closed for the weekend
* Rauner: "Madigan has rigged the Democratic primary for Pritzker"
* New Ives radio ad claims Democrats are trying to help Rauner, while Brady does Rauner robocall
* *** UPDATED x1 - DGA responds *** Elections board says DGA should file disclosure for Ives ad
* SUBSCRIBERS ONLY: Jones; IEA/IFT; Reis; Mitchell; Edgar
* ISRA, Drury both try to claim Raoul inserted "poison pill" into gun bill
* Pro-life group launches GOTV effort for Lipinski
* *** UPDATED x1 *** Rauner opens new online track against Ives
* Erika Harold still can't remember comments, but says "I was wrong"
* Rauner calls Madigan "a unified force of bad, of evil"
* Sen. Duckworth gets involved in another state central committee race
* *** UPDATED x2 *** Has Pritzker gone to ground?
* Illinois House Bill HB 4900 Wastes Government Resources
* McCann, barred from SGOP caucus meeting, claims Rauner threatened to "destroy you and your family"
* *** UPDATED x1 *** Caption contest!
* Obama mailer kerfuffle in Lipinski district
* Rauner attended Quincy campaign event after Quincy veterans' home presser
* After spending millions in Dem primary, Rauner accuses "Washington liberals" of "hijacking" the GOP primary
* Yesterday's stories

Visit our advertisers...








* Chicago River dyed green for St. Patrick's Day .....
* The biggest Republican megadonor you've never h.....
* Gubernatorial candidate makes local campaign st.....
* Illinois explores replacing Legionnaires'-beset.....
* Illinois gubernatorial candidates differ on mar.....
* Candidates for Illinois governor weigh in on gu.....

* Security of state voter rolls a concern as primaries begin
* Judge sides with inmate on prosthetic leg, toilet access
* Illinois primary puts focus on security of state voter rolls
* City of Chicago increasing security at Millennium Park
* Effort underway in Kane County to save 1854 schoolhouse
* Holcomb signs bill to replenish eroded NW Indiana beaches
* EXCHANGE: Historian doesn't want hero's story lost
* EXCHANGE: Losing a limb has not handicapped Pekin bowler
* Illinois governor race more fierce, costly as primary nears
* Judge gives FBI more time in alleged serial killer case

* Candidates for Illinois governor spend $65.7 million on TV ads –– just for the primaries
* Security of state voter rolls a concern as primaries begin
* As primaries loom, downstate Democrats look for a way back
* Pritzker defends putting $69.5 million of his fortune into campaign
* Illinois governor race more fierce, costly as primary nears
* Madigan backs Dem central committee incumbent in 13th
* Trump factor looms large in Illinois governor primary campaigns
* Ray LaHood brokers deal for O'Hare expansion
* McCann says Rauner threatened to 'destroy' him in 2015 over vote

* Crain's tells the stories of women in business
* Like our roundup? Share it around.
* Amazon search team in Chicago next week
* Amazon HQ2 search team visiting Chicago March 21-22
* Pension mess? You'd hardly know it from 2018's gubernatorial candidates.

* Police: String of robberies in Lincoln Park
* 10 people injured in CTA bus crash
* Police: Two armed robberies on Near North Side
* Dear Abby: It drives family nuts that I don’t drive
* Man shot while sitting in vehicle in West Englewood
* Man, 81, reported missing from Bronzeville
* Horoscope for March 19, 2018
* Man shot after 5 armed people approached him on Near North Side
* SWAT team arrests person in West Lawn
* Alex DeBrincat’s third hat trick not enough as Blackhawks squander lead

* Morning Spin: Thousands of Chicago, Cook County voters cast early ballots in governor primary
* Dad needs to tell young sons their mom is dead
* Police investigating armed robberies in Near North Side area
* At least 2 injured after another explosion reported in Austin, officials say
* Justice Thomas has a big decision ahead
* Again, what to do about Louis Farrakhan?
* 2 killed, 2 injured in Sunday shootings
* Future shock: Sunday's 'Walking Dead' finally hints at a bigger purpose
* Nevada is the unkillable zombie of the NCAA tournament's haunted graveyard region
* Some officials wanted Florida school shooting suspect forcibly committed in 2016

» A Feisty Debate, Offshore Accounts — And Some Side-Eye
» WBEZ’s Chicago and Illinois News Roundup: March 16, 2018
» The Week in Review: Pritzker Slammed Over Offshore Holdings
» Web Extra, The Week in Review: American Airlines Changes Stance
» How Parking Ticket Debt Punishes Black Drivers In Chicago; The Best Illinois Movies
» State Week: Rauner's Gun Veto; Dem's Mean Debate
» #642 Songs About the Music Industry & Antibalas
» March 15, 2018 - Full Show
» Illinois Has Issues: Gov Candidates Talk Marijuana
» Rauner: Replace Legionnaires’-Stricken VA Home With New ‘Ultra-Modern’ Facility

* Candidates for Illinois governor spend $65.7 million on TV ads –– just for the primaries
* George Will: Freedom of speech includes the right to remain silent
* Security of state voter rolls a concern as primaries begin
* As primaries loom, downstate Democrats look for a way back
* Pritzker defends putting $69.5 million of his fortune into campaign
* Statehouse Insider: Sadly, the primary campaign is coming to an end
* Bernard Schoenburg: My predictions for Tuesday's primary election
* Our View: A recap of The State Journal-Register’s endorsements
* Bernard Schoenburg: Guessing who will be celebrating Tuesday night
* Madeleine Doubek: Time to end gerrymandering in Illinois

* Madison County farmers experimenting with special crops to save, rejuvenate their soil
* Peoria County marriages, divorces: March 18, 2018
* Police: Facebook posts about Northwoods Mall abduction attempts are false
* The St. Patrick’s Celebration Parade brings hundreds to Walnut Street in Murphysboro
* New Moweaqua police chief: It's time to open a fresh chapter
* Belleville West celebrates state championship win
* Collecting Easter eggs in the water
* ELECTION 2018: Meet the Macon County sheriff candidates
* Minister's dream of creating safe space for women becomes reality
* Tazewell, Woodford marriages, divorces: March 18, 2018

* Israel arrests French Consulate employee for Gaza smuggling
* County in northern Indiana considers wind farm restrictions
* Indy airport commemorating 50th anniversary of RFK speech
* The Latest: EU's Mogherini warns Turkey over Syria's Afrin
* Japan PM's approval ratings dive over land sale scandal

* Newman trying to turn progressive energy i...
* Letter: Time to oust LaHood
* 18th District Democratic candidates: Wait ...
* Peter Roskam: 'Big plan' on opioids is a '...
* Members of Congress rally for Palestinian ...
* WATCH: Gutiérrez says 'lonely' Trump can c...
* Judge duns US Rep. Bobby Rush for delinque...
* US government denies Afghanistan War veter...
* Kennedy blasts Pritzker for “buying off” b...
* US government denies Afghanistan War veter...

* Shutdown looming, Congress and White House......
* Republicans warn Trump: Leave Mueller alone...
* A frustrated Trump lashes out at special c......
* Hillary Clinton is 'wrong' about Trump vot......
* President Trump lashes out at special coun......

* Zinke defends use of Japanese word: How co......
* Congolese mother and child finally reunite......
* Schatz to convene field hearing on false m......
* Congolese mother arrives in Chicago, still......
* Duckworth on Zinke's improper use of Japan......

* The Beachwood Radio Interview Hour #3: Hoodoo Voodoo With Professor Pear Tree
* Why Bland American Beer Is Here To Stay
* Is it finally Danny Boy’s time to leave Congress, or will he gain another term?
* '63 Boycott
* Illinois 2018 Primary Campaign Notebook Pt. 1: MAGA, Mendacity & Moby Mike
* State of the Legal Industry: A Leading Innovator Concludes that Inefficiency Persists Despite Hype about Change
* AI + Student Evaluations = the Future?
* Coursera teams with 5 universities to expand its full masters and bachelors degree programs
* Google’s DeepMind AI is being taught to understand the thought-process behind the decisions of others just like a human
* Washington State Passes Law Protecting Net Neutrality

* February Flooding Information
* IEMA Urges People to Prepare for Severe Weather
* Governor issues state disaster proclamation for flooding in Iroquois, Kankakee, Vermilion Counties
* Winter Storm Warnings for Areas Along and North of I-80
* IEMA Encourages People to Prepare for Earthquakes

* Japan reveals a ‘Supreme’ version of its bullet train
* The Attention Merchants, book review: Charting the rise of ad-supported media
* Atlassian's largest ever infrastructure project: CTO shares lessons learned
* Xilinx debuts software programmable chip design in data center push
* Qualcomm's Paul Jacobs denied board position, considers acquisition offer
* Apple Likely to Buy 270 Million Display Panels for 2018 iPhone Lineup
* Android 8.1 Oreo bug causing overcharging on Pixel XL (2016)

* Sox outclassed, 14-0, in howlingly bad effort at A’s
* Kopech working on changeup, composure
* Fulmer's rotation spot in jeopardy
* Spring Stats Glance
* White Sox announce James Shields as Opening Day starter, because of...
* Cool with No. 2? Avi paces Sox 5-2 win
* Lefty Ross making case for bullpen spot

Main Menu
Pundit rankings
Subscriber Content
Blagojevich Trial
Updated Posts

March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
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


RSS Feed 2.0
Comments RSS 2.0

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