Pritzker’s ‘fair tax’ makes city income taxes more likely
Pritzker’s ‘fair tax’ makes city income taxes more likely
If the Illinois Constitution is amended to allow different income tax rates, expect cities to try to impose their own income taxes.
If the Illinois Constitution is amended to allow different income tax rates, expect cities to try to impose their own income taxes.
Illinois’ tax code already protects the poor and middle class from paying as high a rate as billionaires, meaning the ‘fair tax’ is really about lawmaker taxing power.
Lawmakers scrapped any requirement that the progressive income tax be ‘fair,’ giving Springfield a blank check when it comes to taxing income.
Pushing a $3.7 billion tax hike to people who can’t vote in Illinois is an unusual way to spend some of Pritzker’s $56.5 million donation.
While acknowledging the harm it would do to the state economy and working Illinoisans, Lt. Gov. Juliana Stratton claimed lawmakers would be ‘forced’ to look at hiking everyone’s taxes due to the budget crisis.
The political cost for raising taxes is exactly why the constitution’s authors created a flat tax protection. About 30% of the lawmakers from the 100th Illinois General Assembly were gone after passing the 2017 income tax hike.
U.S. Rep. Darin LaHood filed legislation in the U.S. House to ensure federal money supports essential government services during the COVID-19 pandemic – not mountains of pre-existing state and local debt and financial mismanagement.
Each Illinois taxpayers owes $52,000, thanks to politicians spending more than they already take in. On Nov. 3 taxpayers will be asked for even more.
Progressive income tax proponents put factually inaccurate and misleading claims into a constitutionally required pamphlet intended to inform voters about a proposed amendment.
Illinois tolls were supposed to be temporary. A progressive tax is only supposed to hurt 3% of Illinoisans. Political promises mean little in Illinois.
Illinois lawmakers make many promises about tax increases. Then they break those promises.
Politicians pledged to rebuild decaying roads and bridges if taxpayers paid just a little bit more, but too often the funds were misused and the promises meant little.
Chicago’s longest-serving alderman used his power as chair of the City Council Finance Committee to pad staffs, give himself a security detail.
Each year St. Clair County taxpayers must add money to keep MidAmerica St. Louis Airport open. COVID-19 could turn a hefty financial burden into an albatross.