In a state with some of the highest property and sales tax burdens in the nation, Illinois lawmakers are pushing “fairness” as their mission this year.
The strategy? Nixing Illinois taxpayers’ last layer protection from income tax hikes and implementing a progressive income tax.
This $3.4 billion “fair tax” is merely an income tax hike that will fall short of covering Gov. Pritzker’s $10 billion of promised spending, dumping the bulk of the remaining burden onto the middle class.
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Not to mention a progressive tax would also make businesses shell out the highest income tax in the nation and allow politicians to change the definition of who’s “rich” at will.
Seems like their definition of “fair” wavers, too.
In Illinois, 9,000 school administrators earn at least $100,000 per year and another $3 million or more in retirement from their pensions. State retirees get 3% raises each year. The gas tax is almost the highest in the nation. And, what’s that? Pritzker and Lightfoot want even more taxes instead of spending reforms.
On a mission for fairness, politicians have the least “fair” thing at the top of their agenda.
Tim Newman, Lake Forest