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View Full Version : Illinois Dems want graduated income tax




Swordsmyth
05-30-2018, 12:57 AM
Heated debates over income taxes and abortion funding in the state Capitol Tuesday belied what legislative leaders said was a collegial negotiation over the full budget which made lawmakers optimistic they could complete their work by Thursday's deadline. The Democratic-controlled House endorsed a resolution calling for abandoning Illinois (https://www.usnews.com/news/best-states/illinois)' flat income tax for a graduated tax that hits wealthier taxpayers harder than those of lesser means. It's endorsed by Democratic candidate for governor J.B. Pritzker, but the vote was 61-52 in a legislative chamber with 67 Democrats.

The vote on the progressive income tax has political, if not practical, impact. A change would take a constitutional amendment, a proposition which voters couldn't consider before 2020. But Pritzker and legislative Democrats have made it a rallying cry to make the wealthy pay more in taxes than the middle class.


"Lower-income people are spending twice as much of their resources on taxes as are billionaires," said House Majority Leader Barbara Flynn Currie, a Chicago Democrat.

Republicans claim it's a money grab by Democrats that will hurt the middle class. Rep. Margo McDermed, a Mokena Republican, said the largely middle-class constituency she represents in Will County would pay an average $1,031 more per year on a graduated system.

"When you hear 'progressive,' when you hear 'graduated,' when you hear 'fair,' that is just a lie," McDermed said. "It's a way of trying to get you to think that it applies to you."



More at: https://www.usnews.com/news/best-states/illinois/articles/2018-05-29/house-endorses-switching-to-graduated-income-tax

Anti Federalist
05-30-2018, 03:10 AM
And the exodus from Ill-Annoy heats up...

fedupinmo
05-30-2018, 06:29 AM
And the exodus from Ill-Annoy heats up...

We need to build a wall.

VIDEODROME
05-30-2018, 08:49 AM
Really you want lower income people paying higher taxes?


Now maybe the change to MiddleClass Taxes isn't that great, so put more of that tax burden toward the Upper Class.

Swordsmyth
05-30-2018, 02:27 PM
Really you want lower income people paying higher taxes?


Now maybe the change to MiddleClass Taxes isn't that great, so put more of that tax burden toward the Upper Class.

The correct solution is to cut spending, starting with public pensions.

Pauls' Revere
05-30-2018, 10:54 PM
I prefer NO income taxes but if you want one, a flat tax is the way to go. Everyone pays 10% (for example) of their income regardless of how much they make. Nobody could complain about someone else not pay enough or to much cuz everyone pays the same percentage.

oyarde
05-30-2018, 11:03 PM
We need to build a wall.

I approve .