This is amazing. Illinois Governer Rod Blagojevich wanted to increase tax on businesses in IL by $7.7 billion to pay for (among other things) universal health care. His plan was defeated by an astounding 107 – 0 vote. Can you believe it?
Turns out it is easy to be for universal health care, hard to pay for it. This is a real problem – and demands realistic solutions.
‘Universal” government health care has once again returned as a political cause, with many Democrats believing it’s the key to White House victory in 2008. They might want to study last week’s news from Illinois, where Democratic Governor Rod Blagojevich’s tax increase to finance health care became the political rout of the year.The Democratic House in Springfield killed the proposal, 107-0, after Mr. Blagojevich came out against his own idea when it became clear he was going to be humiliated. Only a month earlier he had said he was prepared to wage “the fight of the century” in defense of his plan to impose a $7.6 billion “gross receipts tax” on Illinois businesses.
Illinois Tax Implosion – WSJ.com (may require registration)