State Rep. Jack Franks has told folks that he will vote to put the so-called millionaire’s tax Constitutional Amendment dreamed up by House Speaker Mike Madigan on the balloty.
Seventy-one votes are needed to pass the Illinois House and there are “only” seventy-one Democrats.
No Republican is going to vote for the amendment.
That means Madigan NEEDS so-called “anti-tax” Democrat Jack Franks’ vote.
With his to be the vote to push the amendment to the State Senate, the following ad is bring run by Americans for Prosperity:
25,279 people have seen it on YouTube and it is running on cable in his district.
David From from Americans for Prosperity sent out this email:
The over-taxing and over-spending leadership in Springfield just can’t stand to let you keep more of your hard-earned money.
This past week saw the defeat of the Progressive Income Tax in a House Committee vote — a win for all of you who have worked so hard this past year to fight this disastrous policy.
But we have new efforts by the state’s Democrat leaders to hike our taxes that we must fight. House Speaker Mike Madigan is pushing a new tax that seeks to place an additional 3% tax on income greater than $1 million. We think that’s a bad deal for the people of Illinois.
Tantamount to a tax on those who are creating the jobs Illinoisans desperately need, this is a punitive tax on a group of people largely comprised of job creators and small-business owners who operate pass-through entities (meaning the business taxes are paid via the owner’s individual income tax). The non-partisan Tax Foundation calculated that, in fact, fully 61% of Illinois employers are pass-through entities. Additionally, 11,208 of them have an adjusted gross income above $1 million. That’s 11,208 business-owners who would be adversely affected by the Madigan tax.
Only one Democrat was willing to put their name on a resolution opposing the progressive income tax — Rep. Jack Franks (D-Marengo). We applaud him for doing so and hope he’ll stand with Illinois taxpayers once more in opposing this new tax. Because this new tax will impact the business climate in the entire state I am asking you, no matter where you live, to click here to send a message to state Rep. Franks that you think this is a bad deal for all of Illinois!
Contact Rep. Franks and urge him to oppose the Madigan tax!
Yours in Liberty,
David W. From
Illinois State Director