What Illinoisans need to know about the progressive income tax

By Orphe Divounguy, Bryce Hill
Gov. J.B. Pritzker calls his $3.7 billion income tax hike a “fair tax.” But opponents have criticized the constitutional amendment as a blank check for House Speaker Mike Madigan and other state lawmakers, courtesy of Illinois taxpayers.

TAGS: fair tax, graduated income tax, Illinois Constitution, income tax, JB Pritzker, municipal pensions, pension guarantee, pensions, progressive income tax, property taxes, taxes

Pritzker’s accounting gimmicks can’t fix pension crisis, but real reform can

By Adam Schuster
Illinois Gov. J.B. Pritzker previously floated a pension plan that included pawning-off state assets, taking on more high-interest debt and reducing pension funding before walking back the plan amid criticism. Here’s a real solution.

TAGS: bonds, budget, COLA: cost of living adjustment, credit rating, fair tax, Illinois Constitution, Illinois Department of Revenue, JB Pritzker, Moody's Investor Service, pensions, progressive income tax, Standard & Poor's