Steve Rauschenberger: Four good reasons to reject the progressive tax proposal – IL Review

"One, there's a financial problem; two, there's a jobs problem; three, there's a trust problem and four, there's a fairness problem," Rauschenberger says in a video interview released by the Technology & Manufacturing Association this week.
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anonymous
5 years ago

Dems do not care what they do to the state only that they keep their “power”.
Forget the everyman.
Power is all they are after and the money they can grab out of the everyman’s pocket.

Manfred Downstate
5 years ago

The flat tax is an Illinois constitutional protection that we should be very reluctant to give up. The “progressive” income tax is really about giving the state much greater income tax flexibility than it has now. And it wouldn’t be wise to trust the same politicians who have made so many phony promises about taxes and revenues. State Sen. Rauschenberger provides some good examples of decades-long “trust issues” with Illinois government’s taxing and spending management. The bottom line ought to be clear to anyone: “Their talk of ‘progressive’ is only important when it comes to them getting more revenue. This… Read more »

con
5 years ago

The state would have expanded tax authority if the voters approved a progressive income tax. There are too many trust issues. State government wants a free pass to continue avoiding reform and making bad choices.

Fed up neighbor
5 years ago

Funny not, wait until there retirement annuity’s get taxed, you want to see people scream holy hell. Remember when November comes and vote NO there is nothing good about this.

con
5 years ago

We need to show them who’s boss.

Mike
5 years ago

The people promoting the adjustable income tax are the same ones that said the last tax income tax hike would be temporary.

Only call it a progressive income tax if you want it to pass.

The majority of voters in Illinois will vote for anything that is associated with the word progressive.

con
5 years ago
Reply to  Mike

The word is out. Many voters will be educated about the progressive tax well before they hit the polling booth.

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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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