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.View Report
The Pritzker administration’s first budget proposes phasing out a school choice program for disadvantaged families. Low-income families loved the program. Public teachers’ unions decried it.
In 2018, Springfield handed Illinoisans more of the same repackaged policy failures. Lawmakers in the coming year should tape to their desks this wish list of taxpayer-friendly reforms.
Despite that booming demand, there are political efforts afoot to crush the scholarship program.
A bill in the Illinois Senate could axe the state’s first-ever tax credit scholarship program.
The bill would cut off Illinois’ new tax credit scholarship program if the Illinois State Board of Education determined public school funding levels were inadequate.
The tax credit scholarship program included in the school funding proposal passed by the General Assembly would be the first of its kind in Illinois, and one of the largest of such programs in the nation.
The Illinois Senate passed a school funding reform bill containing the state’s first-ever tax credit scholarship program. The bill now awaits the governor’s signature.
After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.
Watch the event here at 11:30 a.m. Tuesday, April 22. We will be streaming live from Josephinum Academy. Having trouble viewing the livestream? Click here to watch on YouTube.
Meet Jailyn Baker. She’s a senior at Josephinum Academy – an all-girls school in Chicago’s Wicker Park neighborhood. Jailyn is like many Chicago students: she works hard in school and she dreams of a bright future. What makes Jailyn’s experience unique, however, is that she has an hour-and-a-half commute both ways to go to school....