If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
Illinois lawmakers can learn valuable lessons from states that have protected essential government services from swings in the economy.
Illinoisans should only be taxed when they spend their money, not when they earn it.