HB750: $5B Tax Increase without Referendum

 

The pro-tax crowd is concerned you greedy taxpayers are voting no to too many referendums. The teacher union / government worker union funded CTBA has found a slick way to get around your greedy "No" votes -- HB750. If your state legislators don't oppose HB750, vote them out before they can vote it in!!

 

HB750 advertises a 25% ($2.5B) property tax reduction. Does this mean your overall tax burden will go down?

 

The $2.5B is replaced by a massive increase of almost 3x that much -- $7.2B -- which will ultimately come from YOU, Mr. & Ms. Taxpayer!

 

Costs of HB750 to voters, taxpayers, and consumers

-        67% increase in personal income tax (3% --> 5%)

-        Higher prices on goods due to much higher corporate income taxes

-        Higher prices on services, due to sales taxes added to hair care, auto repair, cleaning services, parking, movies, golf, and a LOT more.

-        Less jobs due to higher costs of doing business

-        Businesses closing due to loss of business from higher prices

 

Ralph Martire, author of HB750, has been quoted as saying "Illinoisans just don't pay enough taxes." * Is this who you want designing Illinois' financial system?                     * - see Illinois Leader article, Oct 29, 2003

 

General apportionment of YOUR income before and after HB750

 

 

Government and schools have a SPENDING problem, not a funding problem!

WARNING!! Support of HB750 is hazardous to your business and your job -- especially if you are a member of the Illinois General Assembly. For more information, contact Citizens for Reasonable and Fair Taxes at www.noreferendum.org or phone 815-943-0543.

HB750:  Bad for taxpayers  ***  Bad for IL businesses / workers (except government)  ***  Bad for consumers

 

HB750Questions v2.0  Aug 26. 2004

Questions and comments for supporters of HB750

 

Have you developed an estimate or minimum of how long the tax dollars from this bill will last, how long till another increase is required? When does this end? How much is enough to last until my grandkids are gone?

 

If $4.2 billion of this $4.7 billion permanent tax increase is going to schools, why isn't there a multi-year moratorium on tax increase referendums?

 

What holds those controlling this money accountable for how it is spent? Existing checks and balances are not working.

 

Have you studied or estimated the number of businesses and jobs that will be lost  due to significantly higher corporate taxes, loss of business incentives (you call "corporate tax expenditures"), and business loss due to higher prices on services?

 

How does increasing the tax burden on the 23% most financially successful people in the state encourage people to strive for success? Hard work and success is further punished.

 

It's better when our community can get together, discuss, and vote on what we want to do locally, instead of having the state general assembly ram another robbery down our throats.

 

How House Members Voted on HB750

STATE OF ILLINOIS

NINETY-THIRD GENERAL ASSEMBLY

HOUSE ROLL CALL - HOUSE BILL 750

THIRD READING-AGREED LIST #3

PASSED - Apr 03, 2003 (before addition of Senate amendments containing all the taxes)

70 YEAS                    43 NAYS                    4 PRESENT

Y Acevedo            Y Dunkin             N Leitch             P Parke

N Aguilar            Y Dunn               Y Lindner            N Phelps

Y Bailey             N Eddy               Y Lyons,Eileen       N Pihos

N Bassi              Y Feigenholtz        Y Lyons,Joseph       N Poe

Y Beaubien           N Flider             N Mathias            Y Reitz

N Bellock            Y Flowers            Y Mautino            N Rita

Y Berrios            N Forby              N May                N Rose

Y Biggins            N Franks             Y McAuliffe          N Ryg

Y Black              P Fritchey           Y McCarthy           N Sacia

Y Boland             N Froehlich          Y McGuire            Y Saviano

Y Bost               Y Giles              Y McKeon             Y Schmitz

Y Bradley,Richard    Y Graham             Y Mendoza            Y Scully

Y Brady              Y Granberg           Y Meyer              N Slone

N Brauer             Y Hamos              P Miller             Y Smith

Y Brosnahan          Y Hannig             Y Millner            N Sommer

Y Burke              Y Hartke             Y Mitchell,Bill      Y Soto

Y Capparelli        Y Hassert            N Mitchell,Jerry     N Stephens

N Chapa LaVia        Y Hoffman            N Moffitt            N Sullivan

N Churchill          N Holbrook           Y Molaro             N Tenhouse

Y Collins            Y Howard             Y Morrow             P Turner

Y Colvin             N Hultgren           Y Mulligan           N Verschoore

N Coulson            N Jakobsson          N Munson             N Wait

Y Cross              N Jefferson          Y Myers              Y Washington

N Cultra             Y Jones              N Nekritz            Y Watson

Y Currie             N Joyce              Y Novak              Y Winters

Y Daniels            Y Kelly              Y O'Brien            Y Wirsing

Y Davis,Monique      Y Kosel              N Osmond             Y Yarbrough

Y Davis,Steve        N Krause             Y Osterman           Y Younge

Y Davis,William      N Kurtz              N Pankau             NV Mr. Speaker

Y Delgado            Y Lang