Sharon Hansen in The Chicago Tribune


On Corporations: Lower corporate tax rates prevent companies going overseas

Sen. Dick Durbin says the middle class needs help. He supports stopping major corporations from reincorporating overseas to reduce their taxes.

Republican Jim Oberweis has accused Sen. Durbin of "bullying" the corporations that consider moving their headquarters overseas for tax purposes. He chides Durbin for not preventing the exodus with a rewrite of the tax code. Oberweis believes lower taxes and fewer federal regulations would help improve workers' fortunes.

Libertarian Sharon Hansen said the IRS should be abolished and current tax provisions replaced with a flat sales tax, though she did not specify the rate. Hansen is aligned more closely with Oberweis on inversions, saying: "We need to lower their taxes so they don't want to go someplace else."

Source: Chicago Tribune on 2014 Illinois Senate debate Oct 13, 2014

On Jobs: No minimum wage; & no set pay based on gender

Sen. Dick Durbin supports raising the minimum wage to $10.10 an hour, and closing the pay gap between men and women. State Sen. Jim Oberweis prefers a minimum-wage hike only for workers who are in their mid-20s or older. His campaign calls the Durbin- backed measure to close the pay gap a "handy campaign prop" with no chance of becoming law. Oberweis believes lower taxes and fewer federal regulations would help improve workers' fortunes.

Libertarian Sharon Hansen said she opposes raising the minimum wage and that employers should be free to set workers' pay without regard to gender.

Durbin favors gradual increases over two years until the hourly minimum hits $10.10. Durbin says an increase would inject money into the economy, fueling demand for goods & services and creating 85,000 jobs.

Oberweis' campaign points to a CBO report which found that most low-wage workers would receive higher pay under the proposal but that total employment would be reduced by about 500,000 workers.

Source: Chicago Tribune on 2014 Illinois Senate debate Oct 13, 2014

The above quotations are from Media coverage of IL political races in The Chicago Tribune.
Click here for other excerpts from Media coverage of IL political races in The Chicago Tribune.
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