Make no mistake, a progressive tax is a tax hike on you
Make no mistake, a progressive tax is a tax hike on you
Political promises aren’t much protection for middle class pocketbooks.
Political promises aren’t much protection for middle class pocketbooks.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Kane County could see a significant tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Arlington Heights would see a massive tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
As Pritzker’s minimum wage bill advances to the Senate floor for a vote, the new administration’s first major victory would come with a $1.1 billion price tag, courtesy of Illinois taxpayers.
The proposal would lower all local governments’ property tax levies by 10 percent and then freeze them in Illinois. Any future increase would require voter approval.
Former Gov. Bruce Rauner vetoed the bill before leaving office, but bipartisan support in the General Assembly may send it back to the governor’s desk.
Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But using the rates of states he wants to use as models, middle-income Illinoisans would see significant tax hikes.
Red-light cameras generated lots of traffic ticket revenue for local government without proof they made roads safer. One Illinois House bill would ban them from certain municipalities, but another would ban them statewide.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Libertyville would see a massive tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Lake County – home to the state’s highest property taxes – could see a big tax hike under income tax models praised by Illinois Gov. J.B. Pritzker.
Reversing the state’s outmigration of residents and encouraging the job creation Illinoisans need to thrive – and the state needs for stable revenues – require lawmakers to rein in government overspending and resist calls for tax hikes that would further depress Illinois’ economic growth.