* I have to admit I’m getting a kick out of the Illinois Policy Institute’s response to the “Capitol Compromise.” From their news service…
Lawmakers will be back for a special session next week and on the table will be a proposal backed by leading Republicans to increase taxes by $5 billion. Some warn that would lead to a continued exodus of Illinois residents and businesses and could backfire politically.
Because lawmakers blew through the May 31 deadline to pass a budget with a simple majority, it now takes a three-fifths vote in both chambers to pass legislation, including a budget. That means for a tax hike plan to pass the House, only four Republican “yes” votes are needed to reach that threshold if all Democrats are on board. […]
State Rep. Jeanne Ives, R-Wheaton, said she will not be one of those “yes” votes.
“We need a budget that spends only what we take in and we need to give the governor full authority to realign and redo all of the programs under the state’s umbrella and spend what we take in,” Ives said, adding that she’s disappointed by GOP leadership for being willing to exchange a tax increase for some reforms she said don’t go far enough. […]
Jason Lee, owner of Springfield-based New Age Tattoos, said last month that piling taxes on his industry and his income is more of the same.
“We’re not the upper class, we’re the middle class, and the middle class always gets our neck stepped on and I think that’s just a commonality in the state of Illinois,” Lee said. […]
Ives said she’s worried the proposed temporary tax increases will lead to continued outmigration of businesses and citizens.
She also has a warning for her fellow Republicans.
House Speaker “Mike Madigan may just very well call their bluff and make Republicans look like they just capitulated to a $5 billion tax increase,” Ives said.