Wake-up call: Illinois shrinkage makes history

By Austin Berg

04/18/2019

The state’s punishing tax climate and ominous mountain of debt have repelled new jobs and investment. People follow.

TAGS: fair tax, income tax, JB Pritzker, outmigration, population, progressive income tax, property taxes, taxes

Pritzker’s tax plan would worsen Illinois’ people problem

By Orphe Divounguy, Bryce Hill

04/13/2019

With Illinoisans increasingly likely to move, Pritzker’s tax plan would send more moving vans toward the state line, and hit the gas.

TAGS: fair tax, income tax, JB Pritzker, outmigration, progressive income tax, taxes

Illinois Senate delays voting on Pritzker progressive tax

By Vincent Caruso

04/12/2019

Senate lawmakers chose to delay voting on an amendment that would allow Illinois’ income tax structure to go from flat to progressive.

TAGS: fair tax, Illinois Senate, income tax, JB Pritzker, progressive income tax, taxes

Poll: Illinois voters in key House districts oppose Pritzker’s income tax plan

By Austin Berg

04/11/2019

Polling of likely voters shows why some Democratic Illinois House members could regret voting for the governor’s graduated income tax.

TAGS: fair tax, income tax, JB Pritzker, Jonathan Carroll, Karina Villa, Katie Stuart, Mary Edly-Allen, Monica Bristow, progressive income tax, Sue Scherer, taxes, Terra Costa Howard

Pritzker progressive tax amendment allows for nation’s highest tax on business income

By Austin Berg

04/11/2019

Illinois Gov. J.B. Pritzker’s amendment would allow Illinois to impose an effective corporate income tax rate of up to 15.22% – the nation’s highest by far.

TAGS: fair tax, income tax, JB Pritzker, progressive income tax, small business, taxes

Illinois banks $400M in savings from pension buyouts it can’t calculate

By Bill Reveille

04/11/2019

Illinois borrows money to reduce pension obligations, with more borrowing planned. Claims $400 million in current budget savings, but admits to investors it cannot calculate any savings.

TAGS: Accelerated Pension Benefit Payment, bonds, borrowing, debt, JB Pritzker, pension guarantee, pensions, Program

Lawmakers crack open Pandora’s box with graduated income tax amendment

By Austin Berg

04/11/2019

Ultimately, the state’s spending and debt habits mean Pritzker’s plan will be a bridge to higher taxes for the middle class. Pritzker and state lawmakers should instead pursue sensible spending reforms that don’t require declaring open season on Illinois taxpayers.

TAGS: fair tax, income tax, JB Pritzker, progressive income tax, property taxes, taxes

7 reasons to reject a progressive income tax in Illinois

By Bryce Hill

04/11/2019

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.

TAGS: fair tax, income growth, income inequality, income tax, JB Pritzker, labor force participation rate, outmigration, progressive income tax, taxes, unemployment, wages

Pritzker ‘fair tax’ amendment would allow lawmakers to impose new types of income taxes

By Austin Berg

04/10/2019

Despite already shouldering one of the nation’s highest total tax burdens, middle-class Illinoisans would be exposed to extra income taxes under language proposed by Gov. J.B. Pritzker.

TAGS: fair tax, graduated income tax, income tax, JB Pritzker, pension guarantee, pensions, pritzker, progressive income tax

Senate committee approves progressive income tax amendment without knowing who will pay more

By Austin Berg

04/10/2019

The Senate Executive Committee voted on an amendment scrapping Illinois’ constitutional flat income tax protection. But lawmakers have yet to introduce a bill outlining what the rates would be.

TAGS: fair tax, graduated income tax, income tax, JB Pritzker, outmigration, population, pritzker, progressive income tax