A progressive tax would give Illinois politicians carte blanche to raise rates, which would end up sticking middle-class taxpayers with rates originally intended for “the rich” – all while chasing still more residents and businesses out of the state.
November saw Chicago’s City Council let the term of the legislative inspector general, who is tasked with overseeing City Council, expire without hiring a replacement, as well as several other instances of breach of public trust and influence peddling around the state.
The fact that the government does not like the consequences of its actions is not a reason to ignore the clear meaning of the text of the Affordable Care Act.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...