Polling of likely voters shows why some Democratic Illinois House members could regret voting for the governor’s graduated income tax.
Illinois borrows money to reduce pension obligations, with more borrowing planned. Claims $400 million in current budget savings, but admits to investors it cannot calculate any savings.
Ultimately, the state’s spending and debt habits mean Pritzker’s plan will be a bridge to higher taxes for the middle class. Pritzker and state lawmakers should instead pursue sensible spending reforms that don’t require declaring open season on Illinois taxpayers.
Reining in unnecessary regulations is one way to create new opportunities for job seekers and improve choice for consumers. A bill in the Illinois Senate would help achieve that.
Illinois Gov. J.B. Pritzker is pushing a progressive state income tax without delivering the numbers to prove his promises. The numbers available from other states make it clear a progressive tax will hurt Illinois’ economy.
Despite already shouldering one of the nation’s highest total tax burdens, middle-class Illinoisans would be exposed to extra income taxes under language proposed by Gov. J.B. Pritzker.
The Senate Executive Committee voted on an amendment scrapping Illinois’ constitutional flat income tax protection. But lawmakers have yet to introduce a bill outlining what the rates would be.
While New York lawmakers have agreed to make the state’s 2% temporary limit on property tax levies permanent, Illinois should take reform farther by enacting a freeze on levies and giving local governments the ability to rein in their spending.
The Illinois House of Representatives passed the Classrooms First Act by a unanimous vote March 28. If it becomes law, students, teachers and taxpayers will benefit.
“I became a teacher 20 years ago. And back in those days, you went to a first day [orientation]. And while they were saying ‘here’s how the building is laid out, here’s the key,’ they said ‘here’s the form you sign to be in the union.’ It was an expectation of the job. “I got...
While the governor has touted his plan as a way to stabilize state tax revenues, it would actually do the opposite.