State needs integrity, not more money
As a taxpayer and DuPage County Board member who fights for fiscal responsibility, I say enough is enough when it comes to the state's tax and spend policies.
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I've had enough of Springfield continually reaching into taxpayers' pockets to satisfy its insatiable appetite for overspending. Two years ago, Democratic lawmakers increased our state income tax from 3 to 5 percent. At the time, the goal of the "temporary" income tax increase was to stabilize the pension system and strengthen the economy. Despite the additional revenue of $25 billion, the state has a backlog of $8.8 billion in unpaid bills, $17 billion more in pension debt and a credit rating that has been downgraded five times.
Even though this tax will expire in January 2015, Democrats want to create another revenue source through a graduated rate income tax. While supporters say it's a "progressive tax," I refer to it as "everyone's tax" because it will affect those earning more than $18,000 a year.
According to the bill's chief sponsor, Rep. Naomi Jakobsson, the proposed graduated rate income tax schedule calls for a 2.25 percent tax increase on anyone who earns $60,000 a year. That's an additional $1,300 a year that should be used to support families instead of the state's bloated budget.
Springfield doesn't need more money; what it needs is fiscal integrity to manage the state's budget responsibly, just like we do for our families every day.
I urge you to learn the facts and demand our legislators vote against HJRCA2.
DuPage County Board member