Thursday, February 18, 2016

Illinois Policy

Illinois Policy

The Civic Federation is pushing a $30 billion tax hike in Illinois, following the same failed Madigan model that led to today's fiscal crisis.
Back in 2011, Illinois’ politicians enacted a record 67% personal-income-tax hike and a 46% corporate-income-tax hike. Springfield politicians promised the additional revenue would stabilize the pension crisis, pay down the state’s unpaid bills, and grow the economy.
The tax hike accomplished just the opposite: Pension debt reached record levels, unpaid bills skyrocketed, and Illinois suffered the weakest jobs recovery in the nation. As a result, Illinoisans left the state in record numbers.
The Civic Federation wants taxpayers to bail out the failed and irresponsible policies of Illinois’ political class.
Illinoisans are demanding a new direction that could actually change Illinois for the better — not more of the same.

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