Illinois state tax increases killed.


Holding the line.

Amazing what a little fiscal intransigence can do:

The Illinois House overwhelmingly rejected a temporary income tax increase Sunday, moving the state closer to massive spending cuts that critics called a “doomsday” budget.

The House’s Democratic leaders didn’t even try to pass a larger, permanent increase that was approved by the state Senate a day earlier. Lawmakers said there was little support for that plan during private Democratic discussions.

Instead, the House considered a measure that would have bumped the state’s 3 percent personal tax rate to 4.5 percent for two years. House Majority Leader Barbara Flynn Currie, D-Chicago, said it would have produced about $4.5 billion for a state government drowning in red ink.

The Senate version is described here: essentially, while the Illinois Senate apparently was willing to ignore Republican objections (the truly strange term system that the Illinois state Senate has may have something to do with that), the Illinois House was apparently a little less happy with ending up ratifying significant tax hikes, particularly since the GOP was making no secret about the fact that it wasn’t involved in the process of making this budget in the first place. At least, that’s about the only reason that I can see for having a legislature that’s nearly 2-to-1 Democrat/GOP go so thoroughly the other way on this vote.  At any rate, the Illinois Republicans are indicating that they’re willing to participate in the future budget negotiations.  Assuming that the Democrats are willing to let them, that is.

No rush.

Moe Lane

Crossposted to Moe Lane.


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7 Comments Leave a comment

Like CA, I'm sure they expect to get "free" money from Washington

bk (Diary) Sunday, May 31st at 8:55PM EST (link)

Are they "that" concerned about the next Elections?

JLenardDetroit (Diary) Sunday, May 31st at 10:13PM EST (link)

YES! They will all campaign on how they will “make it up” later with even more pathetic spending once (read: IF) they squeak by the next Elections. And really, any cuts they “make” won’t be cuts because they’ll find excuses to “re-direct” any Federal funds to make up any “holes”.

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(RS:Help) (JLD) (Hollyweird) (Brain-deads) (SPIN-cycle) (Obamaocare) (Party of kNOw) (Conservatism) (TEApeats) (respectful) (message) (Warning: Children Will Die!!)
Heil “O” Hell No Obamao is NOT MY PRESIDENT! “No U won’t”
I want “O” to FAIL (here, here, & whole Diary (Ofail) here, is why)
The first Liberal was Satan” – a Rush caller (other Quotes)

 

I just don't get it

WarEagle01 (Diary) Sunday, May 31st at 10:37PM EST (link)

First CA and now this. Colin Powell said that Americans want to pay more taxes and Colin Powell is always right, so….hmmmm….what’s wrong with these people?

“A wise, doughy leg with rich tingly experiences will always reach better conclusions than will a more tanned, muscular leg that hasn’t felt those thrills.” –Chris Matthews’ Leg

“The alternative to the awful extremity of abortion is the indispensable joy of introducing this flawed world to someone who might make it better.”–John Hayward (AKA Dr. Zero)

 

Obama helped Illinois get where it is

izoneguy (Diary) Sunday, May 31st at 10:45PM EST (link)

Now the rest of the country will enjoy the fruits of Obama’s labors…..

The point cannot be made often enough: Modern liberalism, as embodied in the Obama presidency, is the defender of the status quo. And the status quo is a road to economic ruin. Political forces cannot redistribute the wealth that the economic system does not produce.

 

So true, a microcosm of the fertile political fields that germinated the brilliance we call "O"

phred (Diary) Monday, June 1st at 11:58AM EST (link)

Here is a sneak preview of how it’s done in Chicago?

Liberalism: Equally shared misery.

 

Unfortunately, Republicans started it

GreyCloak (Diary) Wednesday, June 3rd at 3:12AM EST (link)

Moe: I’m glad they knocked down another increase in Illinois … but it was Republican Governor Ogilvie that committed political suicide in an election year to pass the original 2 1/2 percent Illinois income tax.

Yeah, Greycloak.

Rod_Patrick (Diary) Wednesday, June 3rd at 5:47AM EST (link)

You’re right.

Many incumbent Republicans especially the incumbent don’t have the moral compass when it comes to “fiscal responsibility”. They should be replaced ASAP by real fiscally conservative Republicans.