By Orphe Divounguy, Bryce Hill, Suman Chattopadhyay
03/27/2019
Illinois Gov. J.B. Pritzker's inconsistent progressive income tax numbers don't add up, which means he will have to pass middle-class tax hikes to raise what he wants to spend.
By Orphe Divounguy, Bryce Hill, Suman Chattopadhyay
03/19/2019
While key details behind Pritzker’s tax plan are still under wraps, new information reveals it relies on outlandish assumptions about Illinois’ economic growth.
Small businesses are the engine of Illinois’ economy. But those responsible for creating nearly two-thirds of Illinois’ jobs in 2017 would get hit under the progressive income tax plan just released by Gov. J.B. Pritzker.
Every relationship comes with its sacrifices. But for an alarming number of Illinoisans, parting ways with Illinois is how they choose to get on with their lives.
An amendment to scrap Illinois’ constitutional flat tax protection is gaining sponsors in the Illinois Senate. Lawmakers have refused to discuss rates since those details killed the last progressive tax attempt.
Illinois’ fastest-growing jobs sector in 2018 was government – another sign the state needs pro-growth reforms to keep up with the rest of the country.
Reversing the state’s outmigration of residents and encouraging the job creation Illinoisans need to thrive – and the state needs for stable revenues – require lawmakers to rein in government overspending and resist calls for tax hikes that would further depress Illinois’ economic growth.