Ideas Illinois Chairman Greg Baise finds it intolerable that middle-class residents stand to be the real losers in Gov. J.B. Pritzker’s graduated income tax system, should it continue to move forward.
"Today, the insider politicians in Springfield took the first step toward a massive Jobs Tax to punish middle-class families,” Blaise said in a press release after Democrats used their super-majority to take a big step toward enacting a plan the new governor has been pushing since his days on the campaign trial. "It is clear that Gov. Pritzker and Speaker [Mike] Madigan will not rest until they have a blank check signed by the hardworking people of Illinois.”
By a 40-19 vote completely along partisan lines, Democrats easily registered the 60-percent support needed to approve a proposed amendment, setting the stage for the legislation to now go before the House for a vote. While Pritzker and his supporters argue the bill will only mean higher taxes for the state’s most affluent residents, generating a new $3.3 billion in added revenues for the state as a whole, critics argue they’ve heard it all before.
Ideas Illinois Chairman Greg Baise
Back in in 2017, lawmakers banded to override a veto by then Gov. Bruce Rauner to enact a 32-percent income tax hike, the largest such permanent increase in state history.