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Friday, April 19, 2024

Pritzker supports another tax hike for Illinois

Budget06

Earlier this year, the Illinois General Assembly approved an income tax hike of 32 percent, making it the largest permanent tax hike in the history of Illinois.

Despite taxpayers feeling the burden, Democrat J.B. Pritzker, who is vying to become governor, seems to support not only the tax increase but also higher tax increases, a recent Illinois Republican Party release said.

“Even if waste is cut, some new money will be needed to pay bills and meet tomorrow's needs,” Pritzker said in an interview with Crain's Chicago Business, the GOP release said. 


While Pritzker supports another tax increase, the entrepreneur and investor does not plan on taxing middle-class families, according to a statement from a spokeswoman for his campaign. 

"J.B. does not believe we should raise taxes on middle-class families, period,” a statement from the spokeswoman sent to Crain's Chicago Business said. “As J.B. has said since he entered the race, passing a progressive income tax will be his top priority as governor and he is committed to finding budget solutions, like legalizing and taxing marijuana, to help address the damage (Gov.) Bruce Rauner has done."

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