Sneed exclusive: Gov. Quinn targets business tax loophole to raise $100 million
By MICHAEL SNEED email@example.com March 5, 2013 10:58PM
Gov. Pat Quinn
Updated: April 7, 2013 1:30PM
Sneed exclusive . . .
Scoopsville . . .
The Quinn bin: Gov. Pat Quinn is running with scissors again.
Sneed has learned Quinn, who will release his state budget Wednesday, plans to roll out a proposal that may give major corporations doing business in the state agita — but could pay the state’s debt more quickly.
◆ Translation: Quinn wants to temporarily suspend a $100 million tax loophole enabling major corporations that produce good outside the state to shield a portion of their income from taxation under the Illinois tax code.
◆ The loophole lop: “The governor feels this is no time for ineffective loopholes, when the state has bills to pay,” said a Sneed source. “The suspension would only be temporary, but it will enable the governor, who inherited billions of dollars in unpaid bills from decades of fiscal mismanagement — compounded by the worst recession — to pay down the debt faster,” the source added.
◆ The office cut: Quinn will also be slashing his office budget for the fifth year in a row, cutting nearly $2 million from his office spending since he took office. (He cut the budget by 9 percent in 2012 and plans to cut an additional 5 percent this year.)
It’s in the bag . . .
Robin Kelly, Dem winner of the special primary to fill Jesse Jackson Jr.’s vacated congressional seat, is already working on her anti-gun agenda — despite the fact she has yet to fill Triple J’s shoes.
◆ Explanation: Sneed hears Kelly, who won thanks to $2.2 million in spending by New York Mayor Michael Bloomberg’s gun control super PAC, met Thursday with good Bloomberg buddy Mayor Rahm Emanuel to discuss pitching gun control in Springfield and Washington, D.C.
Ye royal Kate . . .
Duhhhh, dear me! Kate Middleton, the Duchess of Cambridge, has been politically correct in the preggers department by referring to her baby as “it” — that is, until a slight slip Tuesday, when she was heard uttering the sound “my d---“ before cutting herself off in mid-sentence while accepting a white teddy bear as a gift for the baby.
The Anthony file . . .
The American nightmare? Casey Anthony, who has basically been living in hiding since her acquittal in the killing of her 2-year-old daughter, Caylee, recently said at a Florida bankruptcy hearing that she has been living off unsolicited donations . . . and she takes the bus, accepts free food from her friends, and does not pay rent or utilities. Be still my tongue.
A pox on you . . .
Babs blab: In case you are interested, TV tsarina Barbara Walters revealed on “The View” Tuesday that she contracted chicken pox by planting a smooch on an old friend, actor Frank Langella, at a New Year’s party — Langella came down with chicken pox (shingles) shortly thereafter. Well guess what, Babs, you’re still contagious — which could be especially dangerous to women who might become pregnant.
The men’s room . . .
It’s so pathetic: Puleeeeeze. How low can you go: In an effort to regain his political foothold after his foot fault cheating on his wife and lying to his constituency, former South Carolina Gov. Mark Sanford asked his former wife, Jenny, a brilliant political strategist and former Winnetkan, to run his campaign comeback for an open congressional seat. (She said no.) Surprised he hasn’t asked her to be his wedding planner.
The sweet side . . .
Ruff & Rahm: Mayor Rahm Emanuel’s alleged sweet side, which was tipped by his outgoing Chief of Staff Theresa Mintle, popped up courtside at the St. Sabina Peace Tournament championship game on Monday night at the church, when hizzoner stopped to peek-a-boo a baby and got goo-gooed by the infant, who hungrily grabbed his face and mouth.
Sneedlings . . .
Bench press: Former U.S. Attorney Patrick Fitzgerald has chalked up another honor — he was named the inaugural Feirson Distinguished Lecturer at the University of Chicago Law School . . . Wednesday’s birthdays: Shaquille O’Neal, 41; Connie Britton, 46, and Peter J. O’Brien, 84.