Illinois teabagger candidate used provisions in Pres. Obama's stimulus package to not owe any taxes

[NNN0LHI]

http://www.suntimes.com/news/elections/2195876,CST-NWS-brady24.article

Brady offers peek at his tax returns

Recession hit businesses hard; no federal taxes due in the last 2 years

April 24, 2010

BY STEVE CONTORNO Sun-Times Springfield Bureau

SPRINGFIELD -- Republican candidate for governor Bill Brady's once profitable business interests have taken a significant hit over the last three years -- so much so that he hasn't had to pay any federal income taxes for the last two years.

The Bloomington state senator's tax returns also show he did not pay state income taxes for his 2008 filing.

According to returns Brady made available briefly to reporters Friday afternoon, Brady's net income in 2008 was a loss of $116,679. Despite a lawmaker's salary of almost $75,000 and $162,208 in capital gains, Brady did not have to pay any income taxes for that year.

Brady reported an adjusted gross income of $119,910 for 2009, however, he did not have to pay federal taxes because of provisions in President Obama's stimulus package that aided small businesses, said Jason Brickman, Brady's lawyer and chairman of the Champaign County Republican Party. snip

Brady initially said he would not make his tax returns public because it would hurt his business interests. However, he had a change of heart after Gov. Quinn insinuated the lack of disclosure indicated Brady had something to hide.

But Brady only offered reporters a limited view of his tax returns. From 1 p.m. to 4 p.m. on Friday, reporters shared copies of his returns and weren't allowed to make their own copies.

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http://illinoisreview.typepad.com/illinoisreview/2010/04/video-brady-at-will-county-tea-party-alliance-rally.html

Tuesday, April 13, 2010

VIDEO: Brady at Will County Tea Party Alliance rally

IL GOP gubernatorial candidate Bill Brady addressed the Will County Tea Party Alliance's rally last Saturday in Homer Glen ...

[NaturalHigh]

1. Obama and Congress gave this handout to the rich.

I really don't blame anyone for taking advantage of it.

[NNN0LHI]

2. Aren't the teabaggers against the stimulus package?

[wndycty]

3. Yup. . .basically Brady cannot call out QUinn on taxes. . .

. . .at least Quinn pays his and doesn't try to beat the system.

[gratuitous]

4. Guy makes six figures, pays no taxes, and bitches about it

Did I miss anything? Illinois DUers: What are this garbanzo's poll numbers looking like? Does he have a chance at all?

[Rincewind]

5. He has a chance.

Illinois is really a purple state. Chicago and East St. Louis are blue, along with small scattered spots like Champaign-Urbana, where I live. The majority of the State, area wise, is red.

[MrScorpio]

6. Hypocrite, thy name is "Teabagger".

[ima_sinnic]

7. Deadbeat, thy name is "Teabagger" (nt)