Saturday, October 29, 2011 4:50:21 AM
Gerry1of1. The big problem is that Illinois increased business taxes here and all the companies that can afford it are bailing. Increase business taxes, then give it back to your corporate supporters as state income tax.
Friday, October 28, 2011 8:31:02 PM
CrakrJak - Good point. But show me a big business that does support Repubicans. Oil of course, Banks and Brokerage Firms. But this isn't about party affiliation, it`s about jobs. GE paid zero corporate tax last year and declared record profits...all bonuses for the CEO`s while the jobs they created were all in India.
I would rather see state income tax used to support a job here than Obama`s bail out that did zip for jobs.
As bad as this plan is, until something better comes along, I`d go with it.
Friday, October 28, 2011 3:36:18 PM
CrakrJak - seriously, I've decided I`m for it. The repulicans have granted tax incentives successfully to business in the form of no-tax for years. Parry did it in Texas to get people to start businesses and it worked. Why not give a tax incentive that is linked to a job? No job-not tax break. Just "no-tax" is a bonus in a CEO`s pocket and no one got hired.
Look at it this way, my state income tax could go to some lame ass, leberall headed program of which I do not approve... or it could go to my keeping my job. Makes more sense when you look at it like that.