While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Kane County could see a significant tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
After unanimous approval from the Illinois House of Representatives, the Illinois Senate has remained conspicuously silent on a bill meant to address one man’s dominance of a little-known network of government authorities.
Lax oversight of Illinois’ little-known regional development authorities has led to questionable business arrangements with one official in particular.
Despite serving one of the most overtaxed parts of the state, a retired Kane County-area water district employee has collected millions in pension payouts over the past 20 years.
A progressive tax proposal in the Illinois House would raise taxes on an overwhelming majority of families already struggling with some of the highest tax burdens in the nation.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.