The Sky is Falling!!!
- Business owners who oppose Governor Rod Blagojevich's proposed business tax have a new ally Friday, the Reverend Jesse Jackson. Jackson joined small business owners who say the tax would put them out of business.
- The governor claims that most of the new tax on business revenues would be paid by big corporations that don't pay their fair share now, and the money, billions of dollars a year, would go to good causes, education and health care. But a coalition of small business owners, led by Reverend Jackson, says the tax will hit them, too, and for some it will be a death blow.
Big Corporations allegedly not paying their "fair share" is Blago's excuse for this. Unfortunately, Big Corporations will simply locate their operations out of state to avoid Illinois taxes and take thousands of jobs along with them - this in a state already bleeding jobs. We figure Jesse's angle is less businesses to perform his extortion act on is truly the driving force behind his acting like a republican all of the sudden. Small businesses are the lifeblood of the American economy, not Big Corporations.
Labels: dumb ideas