By: Diane Benjamin
Of course Illinois doesn’t have enough money! Springfield has no interest in a balanced budget and spending cuts. Democrats want more of your money and the Republicans may help them get it because they are desperate.
Your income tax could be going up 40%. In exchange you get a two-year property tax freeze, but that’s hardy enough to cover the expected $810 income tax increase per family. The assessed value of your property won’t be frozen, so property taxes can still increase.
Other minor reforms are included in discussions, but nothing is included that makes serious changes.
More people will flee, the tax base will continue to decline. Businesses will flee – corporations may be subject to massive tax increases too.
We’ve tried raising taxes before.
It didn’t work then and it won’t work now.
Without major reforms to pensions, Medicaid, and the Chicago Public Schools – Illinois will never get out of the death spiral it is in.
Read more about what is being proposed here: http://www.bnd.com/opinion/letters-to-the-editor/article128490034.html
The Illinois Senate is key to stopping the tax increases. Call your Senator today and tell them NO!
Senator Jason A. Barickman: (217) 782-6597
Senator Bill E. Brady: (217) 782-6216
Senator Chapin Rose: (217) 558-1006
See the complete Senate list here: http://www.ilga.gov/senate/
Two more articles with more information: