Fiscal mismanagement and out-of-control spending by the Pritzker administration has led to higher taxes and exploding cost of living concerns for Illinois families. More tax hikes are being considered for future state budgets, including a graduated income tax or progressive income tax. These types of proposals are ridiculous and being considered because of egregious spending habits. The last state budget of $55.2 billion represented a 38 percent increase from just six years ago!
The Pritzker administration continues to push forth new taxes, tax hikes, and gimmicks to cover ‘budget holes.’ We need to rein in wasteful spending, and get back to working toward fiscal sanity in our state. With multi-billion budget shortfalls projected in the coming years, here are some of the latest ideas being pushed by Pritzker and Democrats to raise taxes on Illinois families. Despite mounting budget pressure, graduated income tax remains political longshot | Capitol News Illinois