The experience with Acartha could undercut his pitch that he is a savvy business executive who would bring that expertise to Springfield, a key part of his campaign for the Republican nomination for governor in the March 18 primary.
“Nobody wants to admit you were involved with a swindler in the past, particularly when you run for office,” says Thomas Lys, a professor at Northwestern University’s Kellogg School of Management. “Particularly not in Illinois, and particularly not for governor.”
Point made, but his batting average?
Before Acartha, Mr. Morriss had already arranged one deal in which the duo made more than $75 million. Mr. Rauner, an avid outdoorsman, also owned a hunting camp with Mr. Morriss.
This is the sort of thing you want to support, if only to declare your lack of confidence in how gummint people spend yr tax $.
Chicago Tea Party Patriots
The 9/12 SouthTown Project
Faith, Hope & Charity
HOMEOWNERS’ PROPERTY TAX RELIEF
AND BUSINESS FAIR
While Illinois spirals into bankruptcy, homeowners are being saddled to foot the bill more and more, through increasing property tax bills, even though home values have plummeted.
How can you get relief?
Join us on Saturday, May 21st, the Chicago Tea Patriots, along with the 9/12 SouthTown Project, at their Property Tax Relief and Business Fair, 11 a.m. – 1 p.m., at Crosswinds Church, 10835 South Pulaski Avenue in Chicago where officials from the City of Chicago Tax Advocator’s Office and Dan Patlak from the Cook County Board of Review will be on hand to explain how property assessment works and how to potentially lower your property tax bill.
All homeowners seeking tax relief is encouraged to attend. In addition, there will be free health care screenings, local businesses on hand to showcase their trades and products, a conservative table of various issues, including help on food storage, book readings and other issues of interest to conservatives, plus a book, CD and DVD sale!
We’ve decided that we need to do more than just protest and rally… We have EVOLVED!Instead of protesting taxes, we will provide you with the needed tools and knowledge to gain a possible decrease in your property taxes! So bring your neighbor and learn the tricks of the trade, and get the needed help, to decrease your property taxes!
SOUTHWEST SIDE MEETING
There will be a meeting Saturday, May 7th, 5 p.m., at Durbin’s, 10240 South Kedzie Avenue in Evergreen Park.
We will discuss our upcoming Homeowner’s Tax Fair, summer events, upcoming elections, the fundraiser and 9/12 parade. Last meeting was absolutely fantastic! Let’s keep this rolling! If you haven’t made our meetings yet, do so! Durbin’s serves one of the best pizzas and burgers, so come out and get involved!
There will be a meeting Saturday, May 14th, at 3 p.m., at the Wabash Tap, 1233 South Wabash, just off the Red and Orange Line. There is a nice menu and available parking.
We will discuss our upcoming Homeowner’s Tax Fair, summer events, upcoming elections, the fundraiser and 9/12 parade. Last meeting was absolutely fantastic! Let’s keep this rolling!
I would like to know your suggestions whether you would rather have Loop meetings on Fridays or Saturdays, and if you have any ideas on nice meeting places… Let me know your thoughts.
Capitalism in conflict with governmental maw in Illinois. Amazon is pulling out, as it announces by email:
For well over a decade, the Amazon Associates Program has worked with thousands of Illinois residents. Unfortunately, a new state tax law signed by Governor Quinn compels us to terminate this program for Illinois-based participants. It specifically imposes the collection of taxes from consumers on sales by online retailers – including but not limited to those referred by Illinois-based affiliates like you – even if those retailers have no physical presence in the state.[Italics added throughout]
We had opposed this new tax law because it is unconstitutional and counterproductive. It was supported by national retailing chains [such as Sears, see below], most of which are based outside Illinois, that seek to harm the affiliate advertising programs of their competitors. [Here is where intrusive government has its favorites — big campaign donors etc. — those who are more equal than others, to draw on Orwell.] Similar legislation in other states has led to job and income losses, and little, if any, new tax revenue. [Most such intrusions do just that.] We deeply regret that its enactment forces this action.
It does not bother committed lib and quite affluent, thank you, Roger Ebert, who blows it off:
Roger Ebert is free to tweet about Levi’s corduroy pants after April 15, but Amazon will no longer pay him if someone buys a pair.
“Amazon will terminate my Associates account on 4/15, in order to evade fair and just [!] Illinois taxes. I have 20 more days to make a fortune,” wrote the film critic on his @EbertChicago account yesterday.
Amazon.com Inc.’s battle with state governments over sales taxes is escalating.
The online retailer on Thursday took action in Illinois, as it had threatened to do, to counter a new law aimed at forcing online retailers to collect sales taxes in the state. Hawaii, North Carolina and Rhode Island have enacted similar laws, and California is weighing action. Amazon is also in a court battle with New York over such legislation.
The Illinois law, signed by Gov. Pat Quinn Thursday, requires online retailers that work with affiliates in the state to collect sales taxes on purchases made by Illinois residents and businesses. Amazon responded to the measure by cutting ties to its Illinois-based affiliates, which are blogs and other websites that refer traffic to Amazon’s website and get paid commissions if customers make purchases there.
The draconian so-called E-Fairness Bill signed into law by Illinois Governor Pat Quinn, was being drooled over by Sears Holdings Corporation (Nasdaq:SHLD), as they backed the proposal for companies like Amazon.com (NASDAQ:AMZN) to be forced to collect taxes even though they have no physical presence in the state.
Sears said this in a press release: “Sears Holdings Corporation (Nasdaq:SHLD) one of Illinois’ oldest retailers, applauds Governor Pat Quinn’s approval of House Bill 3659, which will restore long overdue fairness to the tax system for retailers and taxpayers in Illinois. The “E-fairness Law” helps to correct a longstanding problem of out-of-state businesses not collecting and remitting the sales tax in Illinois, a practice that has put brick-and-mortar retailers at an unfair competitive disadvantage for far too long.
The consumer? Who cares about her? Gummint wants the money. Doesn’t always pay to build a better mousetrap.
The Amazon action has little impact on Illinois consumers. They can continue to buy directly from the company as well as pass through affiliate websites to reach its website, without Amazon collecting sales tax. But Amazon’s payments to those websites will be halted.
The 9,000 affiliates generated $611 million in advertising revenue and $18 million in tax revenue in 2009, said Rebecca Madigan, director of an affiliate trade group called the Performance Marketing Association, who estimates the state will lose 25% to 30% of that tax revenue because the affiliates will lose business, cut jobs or move out of the state.
In other words, helping Sears means hurting someone else. That’s gummint for you, mucking around in the market place.
Republican gains in state legislatures were . . . impressive. They will control the redistricting process in four of the five states in this region. The exception is Illinois, where Rod Blagojevich’s successor as governor, Pat Quinn, held on by a few thousand votes — helped perhaps by the refusal of some Democratic county clerks not to send out military ballots in the time required by federal law. They did manage to send unrequested ballots to inmates of the Cook County Jail, though.
Look here and see who’s got this. No Chi or Chi-area coverage, except for Sun-Times of Oct. 13 saying most ballots had been sent. Fox has it, locally and nationally. So does Breitbart’s Big Government blog and several downstate outlets. But here it’s a snoozer.