Other hikes likely even if ‘fair tax’ passes: Moody’s – Crain’s

Adopting Gov. J.B. Pritzker’s proposed graduated income-tax amendment definitely would help ease the state’s worsening fiscal crunch but wouldn't solve it, with other revenue raisers likely needed soon.

That’s the bottom line of a new report out today by Moody’s Investors Service that takes a look at the state of Illinois finances as the slow recovery from COVID-19 begins.
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someone
5 years ago

the Democrats solution is always a money grab–tax increase this or that. Why not cut taxes and see people put money into the economy?–Because that is toooooo simple a solution. The democrats like going behind peoples backs and putting money into the Democrats pockets.

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