Opinion: The ‘fair tax’ and two inconvenient truths – Crain’s

U of Chicago Prof. Joseph Pagliari: "While there has been much discussion about the so-called “fair” tax, the gist of the argument is pretty simple; two pre-COVID facts stand out at the state level (and Chicago’s problems are quite similar): Illinois has the third highest overall rate of taxation, and Illinois has the worst balance sheet in the country.... In my view, the imposition of additional tax increases without significant reforms in spending is merely more of the same — adding to the state’s (and city’s) expanding list of woes."