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Rauner camp takes Quinnocchio to next level

Thursday, Aug 7, 2014 - Posted by Rich Miller

* They’re unifying their Quinnocchio theme with a new video

  86 Comments      


Schilling says he lives “paycheck to paycheck”

Thursday, Aug 7, 2014 - Posted by Rich Miller

* Former Republican Congressman Bobby Schilling, who’s trying to win back his former seat, was interviewed on WROK Radio the other day. He was asked about increased health insurance costs. Check the 6:10 mark for his response

* The DCCC “helpfully” reproduced Schiling’s full comment…

“These increases, these are on our working poor, our middle class, hardworking taxpayers here across the United States of America. And now these folks are going to have to decide am I going to pay this premium or am I going to go buy some milk and groceries for the house. It’s really getting tough for everyone. Everyone that I talk to, I don’t hear them saying ‘hey, I’m doing great’. And the folks that are living paycheck-to-paycheck, which is most Americans, including myself, is that, you know, this is not something that you want to be putting out when you’ve got a kid that wants to play sports or you want to take a trip for vacation. Instead, you’ve got to funnel your money over to Obamacare, which is something you might never have to use.” [Emphasis added for obvious reasons.]

* Schilling reported income of $100,000 last year. Schilling also listed assets of between $254,007 and $660,000.

He’s not rich by any stretch, and he does have a big family to support. But Schilling makes more than twice his district’s median household income of $42,521.

* His job, by the way, is at CMB Regional Centers. Some DCCC-provided background on the company from a local story about Schilling

He works for CMB Regional Centers of Rock Island. The company pools money from foreign investors who want permanent residency and investment opportunities in the United States. It utilizes the federal EB-5 visa program, which extends visas to foreign investors willing to put at least $500,000 into projects that create or preserve at least 10 jobs in the U.S.

That same visa program was featured prominently in a recent Fortune magazine story about a major scam in Illinois involving mostly Chinese visas that we we discussed here not long ago.

  33 Comments      


Yet another Caymans video

Thursday, Aug 7, 2014 - Posted by Rich Miller

* This time, it’s from American Bridge 21st Century. From Illinois Review

American Bridge, a liberal PAC involved in five gubernatorial races, released a YouTube ad Thursday tying GOP gubernatorial candidate Bruce Rauner to former presidential candidate Mitt Romney.

The ad referring to “Mitt Rauner,” drums up Illinois news stories about Rauner’s investments in Cayman Islands and ties them to Mitt Romney’s investments.

“Romney’s tricks certainly didn’t fool Illinois in 2012, and Rauner’s re-creation of them won’t fare any better,” a press release says. “Rauner has joked that he’s not even in the 1 percent, but rather the 0.1 percent, and his net worth is reportedly almost $1 billion, but he still apparently feels that paying his American taxes would be an unfair burden. So being the everyman he is, he just hides it in his Cayman Island tax shelter, as anyone would.”

* Rate it

  57 Comments      


Quinn’s second try is better

Thursday, Aug 7, 2014 - Posted by Rich Miller

* From a press release…

With Republican billionaire Bruce Rauner set to emerge today from a luxurious vacation spent at his Montana ranch, Quinn for Illinois released a new Web video raising a few of the many questions voters have for Rauner about his secret accounts in the Cayman Islands. A report from the Chicago Sun-Times recently revealed Rauner was personally stashing millions of dollars in the Cayman Islands, an elite and secretive tax haven used by individuals and corporations to avoid paying Illinois and United States taxes.

With the Cayman Islands national anthem playing in the background, the new video includes a clip of a U.S. Senate Finance Committee hearing in which Republican U.S. Senator Chuck Grassley from Iowa points out how the only reason someone would personally invest in the Cayman Islands is to avoid paying taxes:

“The only real difference that I hear between investing in the Cayman Islands and investing in the United States, or the only way the Cayman invetsments are superior, is the possibility of avoiding U.S. tax.”

* It’s a much shorter video than yesterday’s effort and boils the issue down very quickly. Watch it

  65 Comments      


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