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Illinois is broke(n) ...

Re: Illinois is broke(n) ...

The legislature met yesterday and today. Going into today's session, there was actual optimism shared on both sides of the aisle that they would reach some agreement. The proposed bill, which had increases Dems wanted and cuts Repubs wanted, were supposedly included (both sides said that the proposed bill was built on the Republican plan, with the Dem tax increases inserted in and less cuts than the straight Repub plan.

Then, Madigan pulled a fast one and submitted a brand new 600+ page budget for a vote this afternoon that neither party had a chance to read.


This isn't Dems versus Republicans. This is a biggest dick measuring contest between Madigan and Rauner.


Also, I have been officially told to "take my paid time-off," and if the budget continues to drag on my company will "evaluate the dozen of us affected." :mad:
 
Re: Illinois is broke(n) ...

They're back discussing. Test vote is close, but Leader Durkin (R) walks out on vote claiming it isn't tough enough. Won't say what fellow R's will do.

Third vote falls six votes short of being passed.
 
Re: Illinois is broke(n) ...

Sorry, it was the second vote that fell short.

Illinois House debated more and passed the third vote 81-43 (eight yes votes more than was expected, and the minimum was 71 needed).

Senate takes up the bill tomorrow.

Rauner already stated he'll veto the bill.
 
Re: Illinois is broke(n) ...

aparch said:
Sorry, it was the second vote that fell short.

Illinois House debated more and passed the third vote 81-43 (eight yes votes more than was expected, and the minimum was 71 needed).

Senate takes up the bill tomorrow.

Rauner already stated he'll veto the bill.
Click to expand...

Do they have an override function or is this just more gamesmanship?
 
Re: Illinois is broke(n) ...

Well, thank God we still have a stranglehold of the Chiraq moniker. :D
 
Re: Illinois is broke(n) ...

Also, I love how the state is supposed to "rein in" spending, NOT raise taxes, and magically fill the massive pension shortfall.

Now, I may not have aced my accounting and finance classes, but if you are running a deficet even after cutting expenses, some income source needs to be found.
 
aparch said:
Also, I love how the state is supposed to "rein in" spending, NOT raise taxes, and magically fill the massive pension shortfall.

Now, I may not have aced my accounting and finance classes, but if you are running a deficet even after cutting expenses, some income source needs to be found.
Click to expand...

The problem at a state level is people can move. I'm not saying they shouldn't try to raise any extra revenue but there is only so far you can go.
 
Re: Illinois is broke(n) ...

Reading about Rauner, how did this jackas-s get elected in the first place? He's like Brownback. I expect that in KS, but IL?

Nice to see these chumps finally getting rolled back. Maybe ME will be next?
 
Re: Illinois is broke(n) ...

Kepler said:
Reading about Rauner, how did this jackas-s get elected in the first place? He's like Brownback. I expect that in KS, but IL?

Nice to see these chumps finally getting rolled back. Maybe ME will be next?
Click to expand...

For reasons I don't understand every once in awhile people get caught up in the "we need to run gubmint like a business" crapola, and anybody who made money running a business even if it was a scam or due to inherited wealth can "straighten sh !t out". In reality very few businessmen make good governors because as a business owner or CEO you're used to telling people to jump and their response to be "how high?" or they're fired. You can't fire the leader of the opposition party so you either get a quagmire like Illinois or the guy starts stealing everything that's not nailed down like the last Gooper Gov in Virginia because again that's what you do on your way out the door in business.
 
Re: Illinois is broke(n) ...

Illinois is a classic example of how government goes off track when politicians refuse to make a tough political choice. That choice might be making cuts. It might be raising taxes. It might involve a combination of both, but if you're not willing to make those choices, you turn into Illinois.

My wife and I have good friends who ended up getting transferred to Illinois for about five years. I shuddered at the horror stories.

IIRC, Illinois actually has a "flat" income tax. Their income tax is just something like four or five percent of your income, across the board. I think it's been that way for a long, long time.

But, as the cost of running the government went up, rather than bump the tax what would only have to be a tiny percentage, instead they went to all of these innumerable fees and sales taxes that are much easier to pass. You want to drink your craft beer in a pint instead of a beer mug? They probably have a tax on that. You want water with your restaurant meal? They probably have a tax on that.

I was always struck by how severely regressive the Illinois tax system seemed to me, given that at least from my viewpoint it's been a pretty reliable "blue" state.
 
SJHovey said:
Illinois is a classic example of how government goes off track when politicians refuse to make a tough political choice. That choice might be making cuts. It might be raising taxes. It might involve a combination of both, but if you're not willing to make those choices, you turn into Illinois.

My wife and I have good friends who ended up getting transferred to Illinois for about five years. I shuddered at the horror stories.

IIRC, Illinois actually has a "flat" income tax. Their income tax is just something like four or five percent of your income, across the board. I think it's been that way for a long, long time.

But, as the cost of running the government went up, rather than bump the tax what would only have to be a tiny percentage, instead they went to all of these innumerable fees and sales taxes that are much easier to pass. You want to drink your craft beer in a pint instead of a beer mug? They probably have a tax on that. You want water with your restaurant meal? They probably have a tax on that.

I was always struck by how severely regressive the Illinois tax system seemed to me, given that at least from my viewpoint it's been a pretty reliable "blue" state.
Click to expand...

I couldn't agree more with this. It seems like in this century there has been no will at all to make tough decisions and those under say 40 are going to pay a heavy price down the road.
 
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