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Protect Illinois. Retain the Flat Tax

Kristina Rasmussen 5 March 2010 No Comment

In the heat of battle, no soldier would give up his best weapon voluntarily. Yet that’s what some are proposing we do in the effort to balance the state’s budget.

Right now, Illinois residents send 3 percent of what they earn to Springfield to pay state individual income taxes. Last year, Gov. Pat Quinn unsuccessfully proposed increasing the tax rate by 50 percent. We’re likely to see him repeat his request for an increase this year.

Others, including state Sen. Michael Frerichs, D-Champaign, want to do away with the constitutionally protected flat income tax. This would allow for the insertion of a graduated system. Many interests are keen to extract more resources from Illinois taxpayers, and they see a graduated tax structure as the best political path for achieving their aim.

Read more at the Chicago Tribune

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