Tax Calculator Shows How a Progressive Income Tax Would Impact Illinois Households

From Americans For Prosperity-Illinois…

Naperville, Ill. – Americans for Prosperity Foundation Illinois today unveiled a Progressive Tax Calculator (www.progressivetaxcalculator.com) that shows how the proposed progressive income tax would impact households in Illinois. Taxpayers are encouraged to use the Progressive Tax Calculator to see how much a progressive tax would potentially cost them versus the flat-tax system that currently exists.

“The goal of the Progressive Tax Calculator is to provide transparency to the discussion and educate Illinois taxpayers on how a progressive income tax could impact their household budget,” said David From, Illinois State Director of Americans for Prosperity Foundation. “The Calculator uses tax rates that have been suggested by proponents of a progressive tax and that increase taxes even for low to mid-wage earners.”

Springfield politicians raised the state’s flat income tax an astonishing 67 percent in 2011, the largest tax increase in the history of the state. The tax hike came with a promise to pay down unpaid state bills and get Illinois’ finances in order. Yet, despite record state tax revenue, there are still billions in unpaid state bills and unfunded pension liability, earning Illinois the worst credit rating in the nation.

Now the same legislators want to amend the Illinois Constitution to allow for a progressive income tax, without including specific tax rates in the legislation and acknowledging that those exact rates would be established by them later after the Constitution is amended.

“The simple truth is that we can’t trust Springfield to keep its promises,” said From. “The temporary 67% tax hike to pay down debt appears to neither be temporary nor to have paid off our debt. All the buzzwords aside, the public needs to learn exactly what is at stake here and ask whether they think politicians will keep their word.”

Americans for Prosperity-Illinois

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About Warner Todd Huston

Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com and BigJournalism.com, RightWingNews.com, CanadaFreePress.com, RightPundits.com, StoptheACLU.com, Human Events Magazine, among many, many others. Additionally, he has been a frequent guest on talk-radio programs to discuss his opinion editorials and current events. Warner is also the editor of the Midwest Editor for RedCounty.com. He has also written for several history magazines and appears in the new book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions, EMAIL Warner Todd Huston: igcolonel .at. hotmail.com "The only end of writing is to enable the reader better to enjoy life, or better to endure it." --Samuel Johnson
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