Our state policymakers didn’t create the coronavirus, and they couldn’t prevent its brutal economic effects. But for leaving the state so unprepared for this unexpected crisis, and spending at breakneck speed right up to it, there is no one else to blame.
“In its best-case scenario, revenues would drop by a total $4.3 billion in the 2020 and 2021 calendar years. Worst case? $14.1 billion. The IGPA also anticipates a big jump in outlays for public health, Medicaid and various human services. ”
All the more reasons for a tax hike! Let’s double the tax rates of the ‘fair tax’.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
“In its best-case scenario, revenues would drop by a total $4.3 billion in the 2020 and 2021 calendar years. Worst case? $14.1 billion. The IGPA also anticipates a big jump in outlays for public health, Medicaid and various human services. ”
All the more reasons for a tax hike! Let’s double the tax rates of the ‘fair tax’.