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STOP THE SATELLITE TV TAX!
Thursday, Nov 29, 2012 - Posted by Advertising Department [The following is a paid advertisement.] The cable industry is asking lawmakers to place a NEW 5% tax on satellite TV service. HB 5440 is not about fairness, equity or parity – it’s a tax increase on the 1.3 million Illinois families and businesses who subscribe to satellite TV. They cannot afford another NEW tax – not now and not in this economy! HB 5440 Will Hurt Illinois Families and Small Businesses
• This tax will impact every bar, restaurant and hotel that subscribes to satellite TV service, which will translate into higher prices, decreased revenues, and fewer jobs. • Rural Illinois has no choice: In many parts of Illinois, cable refuses to provide TV service to rural communities. Satellite TV is their only option. HB 5440 Is Not About Parity or Fairness
• Satellite companies don’t pay franchise fees for one simple reason: We use satellites—unlike cable, we don’t need to dig up streets and sidewalks to deliver our TV service. • Making satellite subscribers pay franchise fees—or, in this case, an equivalent amount in taxes—would be like taxing the air It’s no different than making airline passengers pay a fee for laying railroad tracks. Vote NO on HB 5440
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STOP ComEd Rate Hikes – Vote NO on SR 821!
Thursday, Nov 29, 2012 - Posted by Advertising Department [The following is a paid advertisement.] ComEd is pushing Senate Resolution 821 in an attempt to reverse the ICC’s $133 million rate reduction decision – which will mean more rate hikes for struggling Illinois consumers and businesses. ComEd says: We expected higher rates when it wrote the law (PA97-0616). FACT: ICC applied the law (PA97-0616) as it was written. ComEd says: The law “meant” that the ICC should throw accounting to the wind, charge consumers for unreasonably high costs, and impose the highest possible financing charges on consumers. FACT: The law has the ICC set rates based on ComEd’s actual costs and standard accounting principles, and that is what the ICC did. FACT: If the General Assembly adopts Senate Resolution 821 and attempts to rewrite the law to suit ComEd, consumer rates will rise not just this year, but in every year over the 10 years the formula rates will be in effect. Haven’t we had enough of ComEd’s games? Vote NO on SR 821!
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EIMA Creates More Than 700 Jobs Through Third Quarter
Thursday, Nov 29, 2012 - Posted by Advertising Department [The following is a paid advertisement.] ComEd’s grid modernization work directly related to the Energy Infrastructure Modernization Act (EIMA) enacted last year created more than 700 jobs from January through September 2012, with more than 100 jobs created in the third quarter alone. These include jobs at ComEd and contractor and supplier positions involving a broad range of functions required to build a 21st century electric grid. With passage of EIMA, ComEd embarked on a 10-year, $2.6 billion program to modernize the power system in northern Illinois. The EIMA investments also have provided an important boost to local manufacturers with the expertise needed to support the electrical system upgrade. Through October 2012, ComEd has awarded $80 million in contracts to companies providing services and products ranging from engineering to cable to smart switches. While grid modernization work continues, the pace is slowing from earlier this year as the first rate case under EIMA has jeopardized funding available for the program. ComEd has appealed the decision in court. In the meantime, it is proceeding with about 75 percent of the core grid modernization programs as planned. ComEd is postponing the deployment of additional smart meters until 2015. ComEd hopes to reach a positive outcome soon so that it can deliver the promised reliability improvements, cost-savings and customer service benefits while creating the 2,000 jobs as required by the legislation and further boost the Illinois economy.
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Don’t Shortchange Our Students: Support HB 5440!
Thursday, Nov 29, 2012 - Posted by Advertising Department [The following is a paid advertisement.] The State of Illinois faces another budget crisis and severe cuts are on their way. The currently proposed budget would leave a $200 million shortfall for Illinois students and educations. Outside experts agree that Illinois is falling behind. Illinois already ranks dead last in the nation in the amount of school funding provided by state revenues according to a recent NEA study. The Center for Tax and Budget Accountability finds that states provide an average of 51% of the funds for education. Illinois provides only 30%. In these harsh economic times for the state, we cannot afford to lose a dime. Still, satellite companies are currently exploiting a corporate tax loophole and taking their profits out of Illinois. House Bill 5440 will close this loophole and ensure everybody pays a fair share to support our students and communities. Twelve other states have successfully closed similar tax loopholes on satellite providers and in turn have worked towards more balanced government budgets. HB 5440 would generate up to $75 million in additional revenue for Illinois’ education system. The status quo isn’t working. Close the loophole and support our students. Vote YES on HB 5440!
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