Help the Illinois Policy Institute with a new project to illustrate the harmful affects of the Illinois income tax increase.
What does $1,594 per year mean to you?
In January 2011, Gov. Quinn signed into law a historic income tax increase. The 67% income tax hike will cost the average Illinois family $1,594 per year. Each family will have to work an additional week each year to pay for Quinn’s tax hike. That’s real money coming out of the pockets of Illinois families already struggling in a tough economy.
The tax hikes were claimed by the Governor to be “temporary”, and set to partially sunset in 2015. However, less than 1-year after the massive income tax increase Quinn’s budget director, David Vaught, is already setting the stage to cancel the sunset and raising the possibility of tax hikes saying, “Our revenue growth is not enough to keep up with pensions and Medicaid.” All while the legislature fails to make the necessary reforms to those same programs.
As a new legislative session, and the 2012 elections approach, legislators and candidates running for office need to realize these tax hikes are bad for Illinois families.
Tell us what one week of pay per year in additional taxes means to you and your family. What have you been forced to give up? We need your help to turn around Illinois. We’ll highlight your stories publicly so that they’re part of the debate in Springfield.