4 lessons Illinois should learn from Connecticut’s ‘fair tax’ failure
Only one state has switched its income tax structure from flat to progressive in the past 30 years. Its disastrous results may explain why.
Pritzker ‘fair tax’ would cost typical Illinois family $3,500, cost state economy 286,000 jobs
Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.
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