The new budget plan coming out of the Illinois Senate does little to nothing to reform the state’s reckless spending and financial mismanagement, but does plenty to hurt state taxpayers.
Politicians’ quick answer to the state’s problems is consistently to raise taxes, but evidence shows tax hikes are a negative for families struggling in a state already lacking opportunity.
Instead of talking about the necessary, structural reforms to help the state, a collection of Illinois lawmakers want to ask taxpayers to give more to continue irresponsible policies.
House Bill 696 would freeze property taxes across the state. Under the plan, local governments could still increase rates, but only with approval from voters. The bill doesn’t apply to home-rule governments, however. That’s no small exemption: 7.8 million Illinoisans live in a home-rule municipality such Chicago, Naperville or Peoria. This number also doesn’t account for Cook County, which is also home-rule, and would be exempted from this property-tax freeze.
The Illinois House of Representatives voted against a proposal to freeze property taxes, denying much-needed relief to Illinoisans, who bear the third-highest property-tax burden in the nation.
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...