Tuesday, May 7, 2019

Ideas Illinois Petitions Against "JOBS Tax"

Ideas Illinois Petitions Against "JOBS Tax", Metamora Herald

A conservative group, "The Coalition for Jobs, Growth and Prosperity" recently sent out a call for people of Illinois to resist Governor Pritzker's tax plan. 

Ideas Illinois is an initiative born from the core mission of the Coalition for Jobs, Growth and Prosperity: to communicate with government leaders, lawmakers and their constituents about crystal-clear options to improve and grow our economy, and both the economic and political consequences of doing otherwise. All such communications are based in free-market principles anchored in a reasonable and predictable tax system.

 While much of this Jobs Tax is vague and undefined, here’s what we do know:

This change will be handing a blank check to the politicians in Springfield to raise your taxes whenever they see fit
The Jobs Tax would be the THIRD tax increase on Illinois families in 8 years
If enacted, Illinois will have the 3rd highest business taxes in the NATION driving even more jobs from our state

The governor calls it a “fair tax.” We call it an unfair Jobs Tax on middle class families because it will drive jobs out of our state and take more of your hard earned money for their reckless spending habits.

At Ideas Illinois, we’re working to share the truth about JB Pritzker’s Jobs Tax throughout the state. We want to educate families, government leaders, and lawmakers about the Tax and how we can work together to stop it.
 A PolitiFact Illinois article disputes the characterization of the new tax proposal as a "JOBS tax."

While there’s no official definition for a "jobs tax," it’s pretty clear Pritzker’s plan doesn’t contain one.
Experts we spoke with noted the term is sometimes used colloquially to describe so-called head taxes like the $4-per-worker monthly charge Chicago once levied on larger employers. But that in no way resembles what Pritzker is proposing.
Richard Auxier, a research associate with the Urban-Brookings Tax Policy Center, said it is "completely incorrect" to use the term "jobs tax" to refer to a graduated income tax proposal.
"The income tax is not on people, it is on your income," he said.
Auxier also dismissed the ad’s contention that amending the constitution to allow for graduated rates would make permanent whatever rates Pritzker and state lawmakers eventually decide to enact.
"There is no such thing as a permanent tax increase," he said. "All you’ve got to do is come back and change the law."
Indeed, the ad itself underscores that fact when it references past tax hikes. Since its inception in 1969, Illinois’ individual income tax rate has changed eight times, rising and falling and rising again before hitting 3 percent in 1990, then ping ponging up to 5 percent in 2011, down to 3.75 percent in 2015 and back up to 4.95 percent in 2017.

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