buster33 Wrote:
Feb 10, 2013 10:35 AM
Governor Quinn has just proposed the solution to solving the state's problems raise the minimum wage to $10 ah hour. With workers earning more and the state taking 5% as income tax, the sate's coffers will fill. As the workers spend their increased earnings, businesses can sell more and earn higher profits. With the increased demand for workers, spending on unemployment and Medicaid will plummet. The corporate income tax on the higher profits will also mean more tax revenue. A balanced budget will improve the state's dismal credit rating which will mean less interest expense. Budget problem solved. This win-win solution can be enacted quickly if Republicans would stop being so obstructionist in Springfield.