David Harris http://wuis.org en Madigan's 'Millionaire's Tax' Passes Legislative Hurdle http://wuis.org/post/madigans-millionaires-tax-passes-legislative-hurdle <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A tax on millionaires is advancing through the General Assembly ... at the expense of a progressive income tax.</p><p></p><p><span style="line-height: 1.5;">The so-called "Millionaire's Tax" would levy a three percent surcharge on income over a $1 million. House Speaker Michael Madigan says that should raise about a billion dollars, which Illinois would send exclusively to schools.</span></p><p>"My judgment was that it helps education and it calls upon those in the society that are better able to help fund education than others."</p> Thu, 27 Mar 2014 21:43:20 +0000 Hannah Meisel 21789 at http://wuis.org Madigan's 'Millionaire's Tax' Passes Legislative Hurdle Turning The Tables: Legislator Files To Cut Quinn's Budget http://wuis.org/post/turning-tables-legislator-files-cut-quinns-budget <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Several months after Illinois Gov. Pat Quinn vetoed legislators' salaries from the state budget -- one lawmaker wants to turn the tables on him.</p><p>Gov. Quinn says lawmakers shouldn't be paid until they overhaul the state's pensions. A judge rejected that move and the governor's appeal is still pending before the state Supreme Court, so lawmakers are getting their paychecks.</p><p>Nevertheless, legislators are still offended by Quinn's "attack," as Rep. David Harris, R - Arlington Heights, describes it.</p> Wed, 23 Oct 2013 11:13:00 +0000 Amanda Vinicky 11494 at http://wuis.org Turning The Tables: Legislator Files To Cut Quinn's Budget Incentive Plan To Keep ADM Headquarters In Illinois http://wuis.org/post/incentive-plan-keep-adm-headquarters-illinois <p>A proposed incentive package created to persuade Archer Daniels Midland Company to keep its global headquarters in Illinois is sparking debate among lawmakers. &nbsp;<br />The proposal would give ADM a 10 percent break on utility taxes for up to 30 years and an income-tax credit. It&#39;s expected to be discussed at an Illinois House committee meeting Tuesday. &nbsp;<br />ADM announced last week it plans to move its global headquarters out of Decatur. &nbsp; Mon, 30 Sep 2013 23:39:00 +0000 Associated Press 9979 at http://wuis.org Incentive Plan To Keep ADM Headquarters In Illinois