Illinois can do it the old way and raise taxes to deliver pork projects. Or Illinois can be smart and make each tax dollar work hard to deliver projects that help residents and the economy.View Report
With Illinois lawmakers on break, the governor’s team is trying to build support for a graduated state income tax. Unfortunately, they are building on a foundation of false claims.
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.
Only one state has switched its income tax structure from flat to progressive in the past 30 years. Its disastrous results may explain why.
Despite Illinois’ governor’s claims, states with progressive income taxes face greater gaps between rich and poor.