ROLLING MEADOWS – The Illinois chapter of the grassroots free-market group Americans for Prosperity (AFP) in partnership with the Illinois Chamber of Commerce and the Illinois Coalition for Jobs, Growth and Prosperity, will host a citizen forum to discuss Governor Blagojevich’s proposed gross receipts tax on Friday, May 4, at the Park Central Park District building in Rolling Meadows. The event will feature expert panelists, including State Senator Mat Murphy and Americans for Prosperity national Policy Director Phil Kerpen.And in a related opinion piece in the WSJ, Leo Melamed, chairman emeritus of the Merc on America's need to meet new competitive challenges:
Kerpen, who recently weighed in against the Governor’s ill-conceived tax hike plan for the Chicago Tribune’s opinion page, will discuss why the Governor’s proposed gross receipts tax would result in a huge price hike for consumers and strike a one-two punch to the Illinois economy. Kerpen will also provide a larger national perspective on gross receipts taxes.
To remain competitive in the 21st century, the U.S. must first accept the reality of the modern global paradigm. We cannot pretend or assume that things will ever again be as they were. In the future, our private sector will have to fight for business flows on a world stage. It will require our best efforts and brightest minds. Similarly, U.S. government officials must accept the fact that U.S. businesses face competitors from across the ocean rather than across the river.The old road map is history. The new map necessitates continued deregulation to promote continued innovation, reduction of burdensome compliance costs, containment of baseless litigation and open markets for goods. Beyond that, we must redouble our efforts to sustain the academic excellence that helped give us our first-mover advantage in the first place.
Let's not let Illinois fall behind.
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