by John Laesch, posted on Sunday, December 30th, 2012 at 2:07 pm
While many are following the manufactured cliff debate in Washington, in Illinois, a Democratic House, Senate and Governor are attempting to wash their hands of their financial mismanagement of teachers’ pensions once again.
Illinois’ veto session is our “lame duck” session and, hard to move legislation like public employee pension rip-offs is back on the table. In Springfield there is no progressive voice in the room proposing that the general assembly rescind the $85 million/per year tax break to the Chicago Mercantile Exchange (CME). There have been no proposals to implement a tax on contracts at the CME (our Wall Street) and, there have been no proposals to modernize Illinois’ tax code with a graduated income tax.
by VideoNewsService, posted on Saturday, June 2nd, 2012 at 8:55 am
The Northern Illinois Jobs With Justice Coalition held a rally in front of the Illinois State Capitol Building on Tuesday May 29th. The purpose of the rally was to point out the failure of Gov. Quinn, Speaker Madigan and the Democratic Party to lead the state toward a positive solution to the teacher pension issue. In addition, the speakers also pointed out that no one in the House or Senate are broaching the subject of the only real solution to the debt problems of the State-new revenue. The Coalition has put forward several proposals to generate the revenue needed to fund our States’ budget. They include a “graduated income tax”, a “transaction tax” on the Commodities Exchange among other solutions. For more information please contact: www.nijwj.org.
