‘Fair tax’ backers funded by Gov. J.B. Pritzker created the illusion of bipartisanship by using a former public employee union staffer who collects a generous taxpayer-funded pension due to a loophole in state law.
While acknowledging the harm it would do to the state economy and working Illinoisans, Lt. Gov. Juliana Stratton claimed lawmakers would be ‘forced’ to look at hiking everyone’s taxes due to the budget crisis.
The political cost for raising taxes is exactly why the constitution’s authors created a flat tax protection. About 30% of the lawmakers from the 100th Illinois General Assembly were gone after passing the 2017 income tax hike.
Progressive income tax proponents put factually inaccurate and misleading claims into a constitutionally required pamphlet intended to inform voters about a proposed amendment.
Politicians pledged to rebuild decaying roads and bridges if taxpayers paid just a little bit more, but too often the funds were misused and the promises meant little.
Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...
The progressive tax’s structure fails to account for inflation and includes a marriage penalty for 4 million Illinoisans. It is designed to creep farther into taxpayers’ wallets.