SOFT SELL Can Democrats
push a progressive income tax constitutional amendment through the General
Assembly this spring? They may try, but look for a gentle nudge instead of
a push. Republican Sen. Pam Althoff of McHenry and Rep. Jack Franks, D-Marengo,
talked taxes at a Reboot Illinois town hall meeting Tuesday in Woodstock. See their predictions for the
Illinois income tax this year.
LOOK OUT Illinois has the
fourth highest unemployment in the country and a terrible business climate.
It'll only get worse if the state extends its 2011 tax increase or, worse,
enacts a progressive tax system. So says The Tax Foundation in this extensive report.
It's packed with charts and figures. We've got it and some political context here.
PROGRESSIVE POSSIBILITY Ever wondered
how you'd fare under a progressive income tax? We've summed up one proposal in
today's chart. No 3.75 percent tax bracket on this
RAUNER'S LEAD We knew Bruce
Rauner would be a financial force in the Republican gubernatorial primary,
but... Well, here's a chart of what
the candidates raised in the final quarter of 2013. And here's a summary of news coverage
of the latest campaign finance reports.
DAILY PENSION COST The state's
broken pension system is still sucking up millions of your tax dollars each
day. How much? Find out in this chart.
SOUND OFF A police chief
retires, starts collecting a $100,000-a-year pension, then gets hired back as
"director of security" -- same salary, new title.
Lax and vague disclosure rules
let politicians avoid revealing financial conflicts. Big corporations extort the state for big tax breaks
by threatening to leave if they don't get them. If you're tired of any or all
of these scenarios, now you can do something about them. Use our Sound Off tool
to learn more about the issues and send a message to your lawmakers, Gov. Pat
Quinn and the four leaders of the General Assembly. All in a few mouse clicks.
It's fast, easy and effective. Choose and click an issue below to get started.
HEADLINES Here are the top news stories in Illinois today:
- 5. House Republicans have vowed
to vote against a graduated income tax. (Daily Herald)
4. Following a series of negative headlines, Bruce Rauner is bringing in a new media adviser. (Crain’s Chicago Business)
3. Opinion: Out of 274 potential contested legislative races in Illinois this year, there are only 32. (Chicago Tribune)
2. Bill Brady’s campaign finances are low but optimism remains high. (Chicago Sun-Times)
1. Early reports show Bruce Rauner and Dan Rutherford with a strong advantage in fundraising over Bill Brady and Kirk Dillard. (Chicago Sun-Times)
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