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Monday, November 4, 2024

Lawmakers in Illinois resolve to remove progressive income tax from November ballot

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Illinois lawmakers want to remove the progressive tax question from the November ballot to help small business remain open and stay in the state. | Stock Photo

Illinois lawmakers want to remove the progressive tax question from the November ballot to help small business remain open and stay in the state. | Stock Photo

Illinois lawmakers are working to remove the progressive tax question from the November ballot to prevent any more economic problems for a state already dealing with financial issues as the result of COVID-19.

“This has become the worst time possible to enact an income tax hike that will severely affect Illinois residents and small business, all to fulfill a campaign promise for the governor,” House Minority Leader Jim Durkin (R-Western Springs) said in a press conference, Illinois Policy reported in mid-May.

Video: Watch the press conference about the tax question

Illinois Policy reported that a resolution has been introduced to remove the progressive tax question from the ballot, Illinois Policy reported. Removing the question would prevent more than 100,000 small businesses from being subjected to tax hikes, which may have otherwise lead many to close their businesses or move to another state thus affecting the availability of jobs for those in Illinois.

More than 1 million Illinoisans are already out of work and businesses throughout the state are struggling to recover from the coronavirus pandemic, Illinois Policy reported.

“The recession caused by this pandemic will turn into a never-ending depression in Illinois with the progressive tax,” Durkin said, Illinois Policy reported.

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