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Friday, Mar 9, 2018 - Posted by Rich Miller

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Pritzker TV ad hits Biss, Kennedy on “widely unpopular” retirement income tax

Friday, Mar 9, 2018 - Posted by Rich Miller

* Remember this from this morning’s post on the Simon Institute poll?

A recurring idea is for the state to tax retirement income, such as pensions and social security. This idea is widely unpopular, with 74 percent opposing and only 22 percent in favor.

* Now watch this new JB Pritzker TV ad attacking Kennedy and Biss for supporting such a tax

Ouch.

* Biss campaign…

Biss campaign manager Abby Witt released the following statement in response to JB Pritzker’s latest misleading attack ad.

“Daniel only wants to tax retirement income of billionaires like JB Pritzker, so it’s no wonder he’s in a panic. JB has never had to worry about saving for retirement, for his kids’ college tuition, or for rent each month. While Daniel Biss passed the landmark Secure Choice Savings Program that created retirement options for millions of fellow working Illinoisans, JB Pritzker was ripping toilets out of his house to avoid property taxes and forcing the rest of us to make up his personal savings.”

Biss has said on numerous occasions that he would only consider taxing retirement income of millionaires and billionaires to reduce the burden on the middle class, and only after the Illinois Constitution has been amended to allow for a progressive income tax.

The only voters who are gonna see that response are reading this blog post right now, unless Biss has the money to air a TV ad.

* Back to the Simon poll

However, in a follow-up question in which only retirement income above $100,000 would be taxed, majorities are in favor. Combining the 22 percent who favored it in the first question with the 52 percent of the 745 initial opponents who would favor it with the exemption, 60 percent of the total sample favor taxing retirement income above $100,000.

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Poll: 76 percent support a 3 percent surtax on millionaires

Friday, Mar 9, 2018 - Posted by Rich Miller

* Paul Simon Public Policy Institute poll

There are some areas in which a majority of voters would support increased revenue, starting with the so-called “millionaire’s tax,” which would impose an extra 3 percent levy on income over $1 million, favored by three-quarters [76 percent, 21 oppose, with 57 percent strongly in favor] of respondents in the sample. Nearly as many [72 percent in favor, 24 percent oppose, with 47 percent strongly in favor] would favor a constitutional amendment to allow a graduated income tax, with higher rates for higher earners and lower rates for lower earners.

A slight plurality (49 percent favor, 46 percent oppose) would favor legalized gambling in Illinois to raise state revenues [23 percent strongly favor and 28 percent strongly oppose].

Less popular were a sales tax on services [39 percent favor, 58 percent oppose, with 36 percent strongly opposed] and a tax on gasoline to fund highway, road, and bridge improvements [42 percent favor, 57 percent oppose, with 41 percent strongly opposed).

A recurring idea is for the state to tax retirement income, such as pensions and social security. This idea is widely unpopular, with 74 percent opposing and only 22 percent in favor. However, in a follow-up question in which only retirement income above $100,000 would be taxed, majorities are in favor. Combining the 22 percent who favored it in the first question with the 52 percent of the 745 initial opponents who would favor it with the exemption, 60 percent of the total sample favor taxing retirement income above $100,000.

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Poll: Majority of Illinoisans believe in budgetary magic beans

Friday, Mar 9, 2018 - Posted by Rich Miller

* Paul Simon Public Policy Institute poll

The state of Illinois has a budget deficit of over 1.5 billion dollars. I’m going to read three statements that people have made about how to fix the deficit, and ask you which one comes closest to your views. If you haven’t though much about this issue just tell me that.

* Illinois’ public programs and services have already been reduced significantly. We can only fix the problem by taking in more revenue, such as a tax increase.

* The state takes in plenty of money to pay for public services, but wastes it on unnecessary programs. We can fix the problem by cutting waste and inefficiency in government.

* Illinois’ budget problem is so large it can only be solved by a combination of budget cuts and revenue increases.

* Haven’t though much about it.

    More revenues 10%
    Cuts to waste and inefficiencies 51%
    Both cuts and revenues 28%
    Haven’t thought much 6%
    Other/Don’t know (not read) 5%

Since 85 percent of the state’s budget is made up of K-12 education, higher education, and health and human services, which one of these areas should be cut to make up the difference?

    K-12 6%
    Higher education 29%
    Health and human services 17%
    All of the above (not read) 3%
    None of the above (not read) 32%
    Other/Don’t know 13%

* From the press release

“This year, as in years past, our poll shows the people of Illinois support spending cuts in the abstract, but are reluctant to endorse specific spending cuts. This underscores one of the essential reasons for our state’s seemingly intractable budget problems. The people of Illinois seem to be saying, ‘Please cut spending, but we have no idea of where to actually cut spending- and stay clear of the programs that we like’” said John Shaw, director of the Paul Simon Institute. […]

From 2011 to 2015, the percentage of voters believing that cuts were the answer to the problem dropped more than 15 percentage points, from 58 percent to 42 percent. That number has since flattened, and jumped to 51 percent favoring cuts in the latest poll.

“This is a perplexing phenomenon in Illinois public opinion,” said Charlie Leonard, an Institute visiting professor and one of the directors of the poll. “After more than a decade of cuts to public budgets, people can’t let go of the idea that there is $1.5 billion in waste to cut. We have written about this extensively before, but the persistent belief in cutting ‘waste,’ coupled with the inability to agree on solutions, means we’ll probably still be writing about it in the future.”

Methodology is here.

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