While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Taxpayers have won the defensive battle against a progressive tax hike. Now it’s time for some offense.
Fifty lawmakers are taking a pledge to fight a progressive income tax in Illinois, denying progressive tax proponents the support needed to put a constitutional amendment on the ballot.
House Minority Leader Jim Durkin said he’s putting GOP votes on the spending plan that relies on more than $5 billion in new taxes.
Nearly 4 out of 5 Illinoisans support term limits for lawmakers.
Five days of special session have cost Illinois taxpayers an additional $250,000 for less than 90 minutes of work.
The budget plan proposed by Republican General Assembly members would raise taxes by over $5 billion without enacting any significant spending reforms.
Illinois needs to begin an end to its pension crisis by expanding access to a standalone 401(k)-style plan to all government workers; the new proposal by the House GOP does not accomplish this.
The Republican plan hits Illinoisans in fiscal year 2018 with the same $5 billion-plus tax hike from the “grand bargain” plan that failed in May. That plan starts with a 33 percent income tax increase, and includes questionable new taxes on services such as Netflix, laundry services and more.
Illinois state Rep. Barbara Flynn Currie has introduced a pension bill that is unfair to new and current workers, is potentially unconstitutional, bails out Chicago Public Schools’ pensions, and perpetuates Illinois’ broken pension system.
House Speaker Mike Madigan and House Minority Leader Jim Durkin used shell bills to avoid the March 31 deadline for bills to pass out of committee. Madigan passed 936 shell bills. Durkin passed 528. Meanwhile, thousands of substantive bills died without so much as a committee hearing.