Report: Progressive tax would make Illinois less attractive for businesses – Center Square

“Were the proposed graduated-rate income tax adopted, Illinois would trail its peers in just about every aspect of its tax code,” according to the report from the Tax Foundation. “If businesses and individuals are leaving the state now, these policies can only make the problem worse.”
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Juicy Smollier
5 years ago

Where is this thing listed on the ballot? Is it far down the page or easily seeable? The other thing I was wondering was that since amendments are so hard to pass (as they should be) why is there another manner in which to pass it? It should be a minimum of 60% voting on the measure, yes. But where is this odd carve out of 50% of anyone who casts a ballot at all coming from? That seems like a totally odd trojan horse. It can’t possibly be harder to do that than get 60% to vote YES on… Read more »

Governor of Alderaan
5 years ago

Don’t worry, Groot’s Authenticity will make people and businesses flock to Chicago and Illinois

anyone
5 years ago

That is the whole objective to Jag Boy and the DEMS they want the state to be dependent upon government.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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