Rep. Sacia and the GRT
If you know Rep. Jim Sacia, you may know that he is a former FBI agent, a man of integrity, and a man not prone to hyperbole. What you may not know, and I didn't know until speaking with him last night, is that he is also a business owner, selling farm equipment. The point of this is that he brings a unique first-hand perspective to the debate about the Governor's GRT proposal.
The following is a letter from Rep. Sacia to the Governor, which I believe is also going to be published by the Chicago Sun-Times. No rhetoric, no posturing, just one man's story, and one worth hearing.
Discuss as you see fit.
April 12, 2007Dear Governor:
In 1997 my wife, my son, and I started a farm equipment business against all logic in the world. “Ag is a faltering economy” I was told. We asked for no perks, we struggled and we made it go. Today we provide fourteen good jobs and each employee is making between $26,000 and $60,000 per year. Each get their health insurance paid and fifty percent of their dependent’s paid. Each has a 401K plan. Not a bad place to work.
Last year our sales were $5.2 million and our bottom line was $32,000 in the black. That makes me a “corporate fat cat” according to you Governor. Why do we do this when the GRT will take that bottom line plus thousands more?
Here’s a promise Governor, I won’t do it next year if this tax is imposed. (You just lost $200,000 in sales tax.)
Northern IllinoisTractor and Equipment (NITE) will become Southern Wisconsin Tractor & Equipment.
Very truly yours,