The upward march of Illinois’ core cost drivers – pensions and government worker health insurance – cannot be paid for by tax hikes on small groups. Without reform, tax hike proposals on all Illinoisans will continue flowing from the Statehouse.
The Illinois House Revenue & Finance Committee approved a proposed constitutional amendment that would scrap taxpayers’ sole protection against endless income tax hikes.
Gov. J.B. Pritzker’s office is using a major capital bill as a vehicle to grease lawmakers for a progressive income tax amendment. But the tax hikes to pay for it would make Illinoisans’ gas tax burden the second highest in the nation.
An advocacy group backing Gov. J.B. Pritzker’s “fair tax” plan has argued a progressive income tax hike won’t affect middle-class Illinoisans. But its most recent report shows a middle-class tax hit is likely.
Civic leaders across the state have signed onto an open letter declaring their opposition to a progressive income tax, as momentum continues to build against Gov. J.B. Pritzker’s signature proposal.
The Illinois House Revenue and Finance Committee approved a bill that would more than double the state gas tax. Illinois may soon have the nation’s highest gas tax burden.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.