DAVID: ILLINOIS SEARCHING FOR A
WAY TO DIG ITSELF OUT OF A
FINANCIAL HOLE, TURNING TO
REMAINING RESIDENTS FOR HELP.
PUTTING ON BALLOT TO REPLACE
STATE'S FLAT TAX WITH A
GRADUATED INCOME TAX, RAISING
TAXES ON PEOPLE MAKING OVER
200,000 A YEAR, JOHN YOU,
RESIDENTS TO VOTE NO.
WHY?
>> BECAUSE IT WON'T SOLVE THE
PROBLEM, THEY CLAIM TO ONLY
RAISE TAXES ON TOP 3%, THEY HAVE
97%, MIDDLE CLASS IN THEIR
CROSSHAIRS, THEY MADE SO MANY
PROMISES FOR MORE SPENDING
PROPOSED REVENUES OF THIS TAX
HIKE WOULD NOT COME CLOSE TO
FILLING BUDGET CATHAY HAVE
CREATED HERE -- BUDGET GAP THEY
HAVE CREATED.
>> THIS IS HEATHER, I READ YOUR
STATEMENT, SAYING ONE OF BEST
INDICATOR CENSUS REPORT, SHOWING
ILLINOIS IS LOSING POPULATION ON
RATE OF ONE EVERY 4.6 MINUTES.
WHY ARE PEOPLE LEAVING?
>> PEOPLE ARE LEAVING BECAUSE
THEY LOST FAITH IN THE POLITICAL
LEADERSHIP OF THE STATE, WHEN
YOU LOOK AT PROBLEM WE FACE, OUT
OF CONTROL SPENDING, SPENDING IS
GROWING FASTER THAN REVENUES,
POLITICAL CLASS THINKS THE WAY
TO FIX THAT IS TAKE MORE MONEY
FROM PEOPLE, PEOPLE ARE MOVING
ELSEWHERE, THEY HAVE LOWER TAX
BURDENS WHEN THEY MOVE NEXT DOOR
TO INDIANA, OR IOWA OR
WISCONSIN, PEOPLE ARE VOTING
WITH THEIR FEET.
WHY I BELIEVE WE'RE SEE THE
MEASURE DEFEATED IN 2020, WHICH
I THINK WILL BEGINNING OF A
REVOLUTION IN ILLINOIS.
ALL THEY WANT TO MORE REVENUE,
THEY WILL GO AFTER MIDDLE CLASS,
AND WORKING CLASS, NETFLIX, UBER
FEES, DOUBLES GAS TAX, DOUBLING
BEEN TAX, WE HAVE 19 TAXES ALL
IN ALL THERE IS NOVEMBER ENOUGH,
TIME TO STOP.
>> JOHN.
YOU ARE NOT IN CHICAGO, THAT
DOES NOT LOOK LIKE CHICAGO.
IN YOUR BACKGROUND.
I AFLAWED
I APPAWED
I APPLAED
I APPLAUD.
>> I AM IN BEAUTIFUL ARIZONA, I
HEART GOVERNOR DUCEY WITH
ARIZONA TALKING ABOUT REDUCING,
IT WAS BREATH TAKING.
>> I'M ON MY WAY.
LET'S TALK A LITTLE BIT, YOU
MENTIONED EVERY IS GETS HIT WITH
NEW TAX PLAN, HOW ABOUT DIRTY
WORD CALLED RECAPTURE ON FOLKS
MAKING A MILLION DOLLARS, CAN
YOU TALK ABOUT THAT?
GLLD THIS
GLLD.THIS
THAT.
>> IF YOU MAKE 999,000 YOU PAY A
RATE 6.95%.
BUT IF YOU CREST OVER 1 MILLION,
YOU PAY 7.95% ON EVERY DOLLAR
OVER BUT THEY GO BACK AND
RECAPTURE THAT TAX ON FIRST
MILLION, THEY CREATE AN
INSENSITIVE
ANSENSITIVE
ANINNSITIVE
ANINCEITIVE
ANINCENTIVE FOR PEOPLE TO STOP
EARNING, THOSE ARE THE FOLKS WHO
ARE TRENDING AND BUYING NEW
MACHINERY THERE AREF
MACHINERY THERE ARE THEIR
WORKERS.
>> HIRING PEOPLE.
>> YOU MAY KNOW IF YOU TAKE WORD
GREECE AND TRANSLATE TO ENGLISH
IT COMES OUT AS ILLINOIS.
WORST FINANCIAL STATE IN THE
UNION.
>> THANK YOU, STEVE, I
APPRECIATE THAT.
>> HOW DO YOU BREAK THE GRIP OF
SPEAKER MADIGAN, MADE CLEAR OVER
YEARS, GOVERNORS DON'T MATTER,
THIS GUY RUNS THE STATE, HOW DO
YOU BREAK THAT STRANGLE HOLD,
AND HOW DID THAT HAPPEN IN A
STATE OF ILLINOIS, THE LAND OF
LINCOLN.
THIS ONE GUY CONTROLS IT.
>> WELL SPEAKER MADIGAN IS
ELECTED OUT OF ONE DISTRICT IN
CITY OF CHICAGO BUT DEMOCRAT
MAJORITY MADE HIM SPEAKER FOR
TWO -- FOR ALL BUT 2 YEARS SINCE
1983, NO QUESTION SHE IS SENIOR
PARTNER IN PARTNERSHIP WITH
GOVERNOR PRITZKER, THEY WANT TO
CONTINUE TO FUND OUT OF CONTROL
SPENDING, MOST AMAZING THING
ABOUT THIS THEY ARE NOT TALKING
ABOUT PENSION REFORM OR SPENDING
OR HEALTH CARE REFORM.
BUT THE WAY YOU BREAK THE GRIP
OF SPEAKER MADIGAN IN 2020 FOR
PEOPLE TO BE WELL INFORMED ON
THIS ISSUE, AND VOTE AGAINST IT
THAT IS MY PERSONAL OPINION.
AND THAT WILL BE THE BEGINNING
OF END IT WAS SPEAKER MADIGAN, I
WILL SAY WE DON'T THINK HE IS
IMMORTAL, HE HAS BEEN AROUND A
LONG TIME, BUT AT SOME POINT HE
MIGHT WANT TO GO TO FLORIDA TOO.
>> WHY SO MUCH MONEY IN
ILLINOIS.
>> HE IS MAKING A LOT OF MONEY
HERE.
>> I WANT IS BRING IT BACK TO
FLAT TAX VERSUS PROGRESSIVE TAX,
SOME SAY PROGRESSIVE IS UNFAIR
IS TREATS RICH AND POOR
DIFFERENTLY, RICH BEARING MOST
OF THE BURDEN, BUT THOSE WHO
ARGUE FLAT TAX OVERLOOKS FACT
THAT POOR PEOPLE PAY LARGER
PORTION OF THEIR SALARY AND
INCOME TO BASIC NEEDS, SURVIVAL.
YOU SHAKE YOUR HEAD, STEVE IS
RIGHT NOW.
HOWEVER, THERE IS ARGUMENT FOR
BOTH SIDES, I WOULD LIKE TO HEAR
YOURS WITH THE FLAT TAX AND HOW
THAT DOES NOT HELP THE LOWER
INCOME POPULATION.
>> THEN YOU CAN HEAR MINE.
>> ONE ARGUMENT IS CORRECT, THE
POOR AND INCOME INEQUALITY
SUFFER EVERY BIT AS MUCH OR MORE
TO PROGRESSIVE TAXES, YOU NEED
TO HELP POOR PEOPLE RISE,
YOU THEY RISE THROUGH ECONOMIC
OPPORTUNITY.
IT GIVES PEOPLE OPPORTUNITY TOO
RISE, YOU PUT IN PROGRESSIVE TAX
IT SLOWS THAT DOWN, REDUCING
OPPORTUNITIES FOR POOR THAT
NUMBER ONE REASON THAT FLAT TAX
ALWAYS CREATES MORE PROSPERITY,
WHY STATES LIKE FLORIDA,
ARIZONA, AND OR I AM SORRY
FLORIDA, TEXAS AND TENNESSEE,
THEY DON'T HAVE INCOME TAX HAVE
SOME HIGHEST WAGE, AND HIGHEST
WAGE GROWTH FOR THE POOR.
THAT IS WHY FLAT TAX HELPS
EVERYONE.
>> AND ALSO FLAT TAX MANY OF US
PROPOSE GIVE GENEROUS EXEMPTION
TO PEOPLE, FAMILY MAKING 5200 A
YEAR, -- REAL QUESTION FOR TAXES
ON LAUER INCOME PEOPLE IS
PAYROLL TAX THAT IS WHERE YOU
NEED REAL REFORM, A FLORIDA FLAT
TAX WOULD HELP CREATE A
ENVIRONMENT WITH THAT REFORM.
DAVID: PAYROLL HITS EVERYONE.
>> DOLLAR ONE.
>> A GREAT POINT, OTHER PART
THAT GOVERNOR PRITZKER IS HIDES
BEHIND.
A PLASTIC BAG TAX, HIGHER
LICENSE FEES, GAMES TAXES,
MARIJUANA TAXES.
>> CAN -- JOHN.
HIT ON THE CORPORATE TAX,.
>> QUICKLY.
>> THEY RAISE THE RATE THEN THEY
GIVE THE TAX BREAKS TO KEEP
COMPANIES FROM LEAVING, CRAZY.
>> BOTTOM LINE, WE'LL HAVE I
BELIEVE SECOND HIGHEST COURT
RALLY TAX
--LLY TAX
--COY TAX
--CORPTAX
--CORPORX