Gov. J.B. Pritzker’s budget includes $250,000 for a group advocating for increased government spending and higher taxes. He gave the group money last year, too.
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.
A pension plan pushed by one Illinois think tank fails to reform the state’s broken pension system and risks repeating costly mistakes. Gov.-elect J.B. Pritzker shouldn’t be fooled and should instead endorse meaningful, lasting reform.
A new report would have Illinoisans believe that a progressive income tax means tax cuts and economic growth. Illinois lawmakers’ tax-and-spend tendencies and evidence from all 50 states say otherwise.
Changing the repayment plan to one based on flawed assumptions and bad accounting does nothing to shield taxpayers from the risks of an imperfect system.
Earlier this month, the Chicago Tribune published an editorial sounding the alarm on “the next Illinois tax hike” – a progressive tax. While many in the state have come to recognize this upcoming tax fight, others, such as Jan Goldberg of Riverside, Ill., refuse to admit the truth. In a recent letter to the editor titled “Benefits of a...
Back in January, Ralph Martire of the union-backed Center for Tax and Budget Accountability proposedwhat he called a “solution” for Illinois’ pension crisis. This plan has been getting more attention lately. But before embracing it, lawmakers should ask: does this plan really solve the problem? After all, Martire’s plan is to leave the broken pension system untouched –...
If there was any confusion over whether the income tax burden is progressive or regressive in the United States, a recent report by the Tax Foundation, Putting a Face on Americans Tax Returns, clears things up.
The problem In an interview with Huffington Post, Gov. Pat Quinn said that Illinois needs a progressive income tax.1 “That’s one of my goals before I stop breathing and I sure hope we can get that done in Illinois. Sooner rather than later,” he told the interviewer. The same forces that helped Quinn land the...