Barrington Hills

Session wrap up: move against progressive income tax continues to gain momentum

By Benjamin VanMetre
06/05/2013
Illinois lawmakers want to pass another multibillion dollar tax increase in Illinois in the form of a progressive income tax. That discussion materialized earlier this year when state Rep. Naomi Jakobsson, D-Urbana, proposed an amendment (HJRCA 2) to swap out Illinois’ constitutionally protected flat rate income tax for a progressive tax. The plan is to make permanent...

PRESS RELEASE: Illinois Policy Institute applauds House Resolution opposing graduated income tax

03/31/2013
PRESS RELEASE from the ILLINOIS POLICY INSTITUTE MEDIA CONTACT: Diana Rickert diana@IllinoisPolicy.org or (312) 607-4977 Illinois Policy Institute applauds House Resolution opposing graduated income tax Implementing a “graduated” or “progressive” tax structure in Illinois would mean tax hikes for middle class Illinoisans SPRINGFIELD (April 15, 2013) – Across the state, tax hike advocates are laying...

TAGS: progressive income tax

No reason to celebrate Tax Day

03/31/2013
The 67 percent tax hike on individuals and the 46 percent tax hike on corporations were supposed to pay down the state’s unpaid bills, but instead 80 cents out of every tax hike dollar went to fund state worker pensions in 2012.

TAGS: progressive income tax