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Afternoon roundup

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* ILGOP with a totally expected reaction…

Fresh off voting to give themselves massive pay raises, Illinois Democrats are at it again. This time, they’re talking about reviving JB Pritzker’s failed 2020 tax referendum that would raise taxes on middle-class families and businesses which was resoundingly defeated 55-45% by the voters.

From Crain’s Chicago Business yesterday afternoon, “asserting that the second time could be the charm, a veteran Illinois lawmaker is preparing a new effort to get the state to enact a graduated income tax. In a phone interview, Sen. Rob Martwick, who represents portions of Chicago’s Northwest Side and adjacent suburbs, said he still believes the state, and particularly middle-class families, need the income and lower property taxes, respectively, that a graduated income tax would bring, even though voters in 2020 rejected a proposed constitutional amendment to do that by about a 10-point margin.”

“First they voted to give themselves self-congratulatory pay raises, now Illinois Democrats are talking about reviving Governor Pritzker’s rejected tax referendum to help pay for them,” said Illinois Republican Party Chairman Don Tracy. “If the past week is any indication, we’re in for two years of massively out-of-touch overreach by Illinois Democrats, that sadly Illinois voters will be asked to foot the bill for. I don’t recall a single Democrat campaigning on these issues last fall.”

Like I said, totally expected. You knew it was coming. Part of the “conversation.”

From the Crain’s article

Martwick said he has not yet decided whether the new graduated tax should be revenue neutral, cutting taxes at the bottom of the scale as much as it raises them at the top, or instead boost the state’s income in dealing with continuing massive debt in the state’s pension funds, which are short more than $130 billion of what’s needed to pay promised benefits.

Either way, the proposal must guarantee property tax relief in the way the “fair tax” didn’t, Martwick said. “When you look at people leaving the state, the vast majority are middle-class people,” with high taxes on their homes a prime reason. To be successful, a new graduated income tax plan must provide property tax relief and deal with the pension problem, he said.

* Politico

A new poll shows Garcia leading with 28 percent of the vote to Lightfoot’s 21 percent

The poll is not new. It’s more than a month old. You can find it here if you want, but Chicago reporters are really getting sloppy with this topic. Old polls, non-polls, blatant partisan push-polls, even non-surveys have all been hyped as the real deal. It’s the Wild West in that town.

* Press release…

Today, victims of crypto fraud stood by Ald. Byron Sigcho-Lopez (25th) as he introduced a resolution for the Illinois Attorney General to investigate a multi-state crypto Ponzi scheme that has targeted Latinos throughout Illinois and should be included as part of a broader federal investigation by the Securities and Exchange Commission.

Ald. Sigcho-Lopez has received more than 200 complaints from community members who were contacted by an alleged crypto investment LLC with promises of quick and substantial returns on their investment. Many have become victims of these crypto scammers and lost hundreds of thousands of dollars of their personal savings.

“The same type of scam perpetrated by Sam Bankman-Fried at FTX is happening right here in our neighborhoods with crypto scammers targeting people in our communities by posing as real investment firms and taking the life savings of hard working families,” Sigcho-Lopez said. “It is my obligation to stand up for the victims and protect others in our community from being taken advantage of by these con artists that use the allure of cryptocurrencies to cheat people out of their money.”

CryptoFX, LLC operates a Ponzi scheme that has been under investigation by the SEC, which placed a temporary restraining order that halted their offerings. When that order ended, however, the scheme continued and Latinos throughout Illinois have been contacted by CryptoFX’s satellite offices to invest with them.

“Through this resolution I hope to bring justice to the families that have been impacted by this crypto fraud, put an end to the practices of CryptoFX, LLC in Illinois, hold the founders of this scam responsible for their crimes, and prevent any future exploitation by crypto scammers,” Sigcho-Lopez said.

Victims of CryptoFX, LLC have been contacted by the company via Whatsapp with invitations to seminars and workshops that teach financial literacy. Many victims have been invited to join by family members and friends.

…Adding… Bill action…

Today, Governor JB Pritzker took the following bill action:

Bill Number: HB 0240
Description: Healthcare omnibus that makes several changes to statute including around nursing homes, ambulance payments, hospitals, podiatrists, and mental health.
Action: Signed
Effective: Immediately

* Isabel’s roundup…

posted by Rich Miller
Wednesday, Jan 18, 23 @ 2:47 pm

Comments

  1. “concealed carry class that Curtis was giving at a church in his Southwest Side ward…At one point during the class, someone handed Curtis’ daughter a loaded Glock 19 pistol and the weapon discharged.”

    There is absolutely no reason for a loaded weapon at a firearm safety class held in a church. Snap caps or fake orange plastic bullets should be used in those situations to help students simulate loading a weapon. Even when classes are held at a range, a certified instructor is careful to make sure that first-time students handle a loaded weapon only when they are in a shooting bay with the weapon pointed downrange.

    Comment by Donnie Elgin Wednesday, Jan 18, 23 @ 3:32 pm

  2. ===It’s the Wild West in that town.===

    It’s true. The Mayor has her problems, but it doesn’t justify presenting speculation and very fuzzy numbers as fact.

    Comment by Three Dimensional Checkers Wednesday, Jan 18, 23 @ 4:16 pm

  3. “…and the weapon discharged.”

    That danged weapon…just deciding to discharge…like that?

    Comment by Dotnonymous Wednesday, Jan 18, 23 @ 5:09 pm

  4. Don Harmon’s reaction - “anyone can file a bill” - to Martwick’s desire to revisit the graduated tax wasn’t much nicer than the GOP’s. I’m a proponent of not going back to voters on this. Raise the flat tax for all and couple it with credits that mean people at the bottom won’t pay a penny more while the people who are wealthier and do not get the credits will.

    Comment by Graduated tax Wednesday, Jan 18, 23 @ 6:17 pm

  5. What’s the worst about those old or fake polls in the Chicago mayor’s race is that they become self fulfilling prophecies. The poll isn’t accurate but you see the candidate you like in 5th place and say; they can’t win, so you decide to go with someone in the too 2-3 who you like less. Also granted there were like 19 candidates last time but Lightfoot surged only in the last 2 weeks, so there is still time for someone to catch fire; I don’t sense voters are in love with anyone - they are perhaps just in like.

    Comment by Chicago polls Wednesday, Jan 18, 23 @ 6:20 pm

  6. A victory for Chuy Garcia in the mayor’s race or an embarrassing defeat could open the path for Marie Newman to return to Congress. She lives in the New 4th.

    Comment by Early voter Wednesday, Jan 18, 23 @ 6:40 pm

  7. ===or an embarrassing defeat===

    Garcia losing will not give a path to Newman to defeat Chuy

    That’s how Newman got in trouble, thinking she was “all that”

    Newman was an freshman that didn’t like that as a freshman she got the short end of the stick in a remap.

    She’d have better “luck” going after Casten, if we’re measuring.

    Comment by Oswego Willy Wednesday, Jan 18, 23 @ 6:46 pm

  8. what had the GOP doing with there salary increase, not heard a word about them donating to not for profit that only serve Illinois??? Most likely they will just keep it but just bash dems

    Comment by 13th Wednesday, Jan 18, 23 @ 9:34 pm

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