Friday, August 16, 2019

Illinois Governor Pritzker proposes a 'tax on taxes'


Friday, August 16 2019 - KWOB - Governor Pritzker of Illinois announced today that he will be rolling out a proposal to House Democrats to place a new tax on existing taxes.

"We tax most transactions and we tax income," said Pritzker. "It's time that taxpayers pay their fair share on these taxes."

The proposed tax will tax certain existing taxes at a rate of 2%, meaning that Illinois taxpayers will pay an additional tax on these taxes amounting to 2% of the total tax they pay. Income tax and sales taxes are likely included in the initial proposal. Other taxes may come later.

The Illinois "Push It Forward" Coalition supports the move. Spokesman Ken Hardy says that Illinois residents need to come to the table with realistic expectations to preserve the future of Illinois.

"For many years taxpayers have been getting away with not having any tax at all whatsoever on these taxes, now it's time to pay their fair share," said Hardy.

The revenue from these additional taxes will go to preserve Chicago's historical neighborhoods.

Historical Chicago Neighborhood
Pritzker's proposal would also call for 40% of the new tax to go back into administrative expenses, while 50% is earmarked for preservation of historical Chicago neighborhoods and 10% will go into a fund for criminal defense of elected officials against federal prosecution.

Illinois Department of Administrative Procurement and Staffing Executive Director Carmine Feeley said that administrative agencies are currently suffering underfunding.

"The average work week currently for Illinois state workers has climbed to 23 hours per week, not including time spent on Facebook and random smoke breaks," said Feeley. "This extra money would help us overstaff even more and allow our workers to completely disappear for even days at a time without anyone noticing. This is our ultimate goal."

The measure will head to the Illinois House and must pass through both legislative bodies prior to being signed into law.

Pritzker predicts a public forum on the matter to be presented no later than October of this year.

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