Candor Is A Killer

I've been very clear in my opposition to the state constitutional amendment on the ballot next month here in Illinois. It is called “the fair tax” by the Governor who has put over $50-million of his own dollars into an advertising effort to convince you it is a great idea. It is also known as the progressive tax.

An interesting thing happened yesterday when the state’s Democratic treasurer, Michael Frerichs, cancelled a press conference because he feared questions would arise about his own unfettered words. Frerichs cancelled the Chicago presser when a story surfaced concerning his comments to a gathering of the Des Plaines Chamber of Commerce back in June.

This is what he said then:

“One thing the progressive tax would do is make clear you can have graduated rates when you are taxing retirement income. And, I think that’s something that’s worth discussion.”

Yikes. Candor is a killer.

Illinois does not currently tax retirement income but Frerichs has spilled the beans. The Democrats want the “fair” tax so they can pursue that line of cash.

The treasurer instead issued a line of bull press release saying he opposed a retirement tax in Illinois.

I have to tell you….if this thing wins…and the Democrats try to institute a tax on my retirement….I will join a group of gray panthers and circle the state capitol in peaceful protest.