The good news: today state Rep. David McSweeney, R-Barrington Hills, introduced a measure that opposes efforts to pass the next multibillion dollar tax hike in Illinois – a progressive income tax.

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.

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...

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 American’s Tax Returns,” clears things up.

Lawmakers have not earned the right to borrow billions more. They were unable to pay down the state’s massive backlog of bills with a $7 billion tax hike – how does anyone think they’ll be able to do it with $2.5 billion in borrowing?