Governor Pritzker’s proposed graduated income tax which he calls a “fair tax” is deception at a level which is even horrible by Illinois corrupt standards. Under his proposed rates the average person would get a very modest tax decrease. Only one problem, there is nothing to stop the tax and spend politicians in Springfield from raising the rates the next year. One reason Illinois is in such bad shape is the 3% increase in state pensions each year guaranteed by the Illinois Constitution. Unless the Governor’s income tax proposal is coupled with a change in the Illinois Constitution eliminating the guaranteed pension increases each year and changing state retirement benefits in Illinois, no income tax changes should be approved by the voters in Illinois. To make matters worse, the Governor does not address the high real estate taxes paid by residents of this state. In the long run his “fair tax” is just another Illinois gimmick to fund state government and its guaranteed pensions on the backs of the few remaining workers in the private sector. Illinois has one of the highest outward migrations of its citizens in the nation, and passage of the fair tax without other reforms will just accelerate this outward migration. After this punishing winter in Illinois, it’s nice to know that the politicians in Springfield will now start the financial punishment of its citizens.
Illinois Governor Pritzker’s “Fair Tax” a Joke without Pension Reform!
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