The years 2010 through 2019 will go down in Illinois history as a decade of public policy failure and economic decline. High fixed costs for pensions and government worker health care have prevented the state from balancing its budget in any year since 2001. Since the Great Recession in 2008, the state’s fiscal imbalance has...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.