- Sen. James Meeks, the South Side minister who has been the state's most outspoken advocate of an income tax increase for the past seven years.
Meeks supports raising the income tax so that the state will adequately fund education. In particular, he wants to end the over-reliance on property taxes for school funding that shortchanges students in poorer communities such as some of those he represents in the south suburbs.
In the process, Meeks had also hoped to use a big chunk of the money from an income tax increase to provide direct property tax relief.
This from a so-called "man of god" who threatened to run for governor for months unless Blago coughed up $4 BILLION for schools that have already had billion thrown at them and have continued to fail to educate children. We'd call that political extortion.
And we also can't wait to see how many companies begin to move their corporate headquarters out of Illinois. This is going to go down just like Daley's Bottled Water Tax. Everyone started shopping for water out in the suburbs as soon as that little item passed and it's collecting hundreds of thousand less than projected, leading to more shortfalls. Quinn's budget claims the corporate tax increases will generate an additional $350 million of so... until those corporations start relocating to Indiana and Wisconsin to avoid the tax hikes.
And they're going to take jobs with them.
And we also can't wait to see how many companies begin to move their corporate headquarters out of Illinois. This is going to go down just like Daley's Bottled Water Tax. Everyone started shopping for water out in the suburbs as soon as that little item passed and it's collecting hundreds of thousand less than projected, leading to more shortfalls. Quinn's budget claims the corporate tax increases will generate an additional $350 million of so... until those corporations start relocating to Indiana and Wisconsin to avoid the tax hikes.
And they're going to take jobs with them.
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