New data shows Illinois since 2010 lost up to $32 billion in income from people moving out. Gov. J.B. Pritzker’s graduated income tax plan would hike rates on residents most likely to leave the state, on net.
New academic research on a progressive income tax hike in California should be a warning to Illinois voters deciding on Gov. J.B. Pritzker’s progressive income tax hike in November 2020.
Jason Spyres was arrested on drug charges nearly 20 years ago. In the years since, he’s been on a path of personal success and growth. A pardon from Gov. Bruce Rauner should follow.
States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.
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.