O'Hare International Airport, expand Metra rail service and to invest

27/10/2010 16:59

Giannoulias has repeatedly tied his economic stance to that of the president, who has made two trips to Illinois to drum up money for Giannoulias, the state's treasurer, in his bid to capture Obama's former seat. Shox 2010 Nike Air Jordan Due to a court ruling on how Obama's unexpired term was filled, the winner of the Nov. 2 election will likely get the chance to vote this year on whether to keep in place Bush-era tax cuts. Giannoulias supports Obama's plan to keep the cuts in place for taxpayers whose household income is less than $250,000, while Kirk favors extending the tax cuts for everyone. Kirk has suggested Giannoulias would be little more than Obama's rubber stamp. "Illinois families are not undertaxed," Kirk said. "In the teeth of the Great Recession, the last thing we should do is raise taxes." But Giannoulias said the 2001 tax cuts approved for the wealthy were "unnecessary and irresponsible." "I would allow the cuts for households making over $250,000 to expire while extending tax cuts for low- and middle-income Americans," he said. "As a stimulus measure, the wealthiest tend to save any new income, whereas low- and middle-class Americans immediately use that money to put food on their table, pay their mortgage, and send their kids to school."Dunk SB Low Women Nike Shox Giannoulias said he would give job tax credits to small businesses, extend tax breaks to families with college bills, and work on oversight of Wall Street to prevent another economic collapse and taxpayer-funded bailout. "These proposals would put more money in the pockets of those most likely to spend it and would support the types of small businesses that are responsible for most new job growth," Giannoulias said. Kirk said he backed efforts to modernize O'Hare International Airport, expand Metra rail service and to invest in the state's infrastructure, calling it the "key to unlocking Chicagoland's potential as the destination of choice for corporations to establish a North American headquarters." Two other candidates in the race, Libertarian Mike Labno and LeAlan Jones of the Green Party, both said they are opposed to the stimulus bill. Labno said he would expand the Bush-era tax cuts, while Jones would substitute his own plan that he said would give tax breaks to anyone making less than $1 million. Cheap Jordans Dunk SB high Women Jones said he would create green jobs by diverting tax money from Wall Street firms and investing it directly into communities through cooperatives, credit unions and a state bank. "The same corporations that caused the Great Recession are holding on to billions of dollars and refusing to create jobs," Jones said. "We must, as citizens, claim back that wealth so we can use it to rebuild a sustainable economy in all of our communities." Labno favors reducing government regulation to allow the free market to create jobs. "I will make it my primary goal to restore sound market principles of competition and supply-and-demand by eliminating government regulation, 'oversight,' mandates and restrictions wherever possible … and reducing them in the few places where they are justified," Labno said. air jordan 6 air jordan 18