Connect with us

Hi, what are you looking for?


Unfair Tax System in Illinois: “Funding our Futures” Report Reveals Disparities and Calls for Action!

(photo The Business Journals)

Report Reveals Unfair Tax System in Illinois

Illinois Tax System Unveiled: Coalition Urges Reform for Fairness and Equity

In downtown Chicago a report titled “Funding our Futures” was unveiled by a coalition of groups, according to the published article of WBBM. The report shows that Illinois’ tax system is unfair. It says that poor people in Illinois pay too much tax compared to rich people.

Greg Will from SEIU Healthcare Illinois-Indiana, helped write the report. He said changes are needed to make the tax system fairer. The changes could bring in over $1 billion for the state government by making rich people pay more tax and stopping big companies from avoiding tax.

The report says the extra money could help seniors Americans needs housing and schools. But some worry the changes might make businesses leave Illinois. Greg Will thinks this won’t happen. He says other states made similar changes and didn’t lose businesses.

So, the report calls for action and asks leaders to listen and make the tax system fairer. It’s a big moment for Illinois deciding how to fix its tax system and help everyone.

READ ALSO: $237B Mayor Adams’ Budget Plan with 2-Year Extension Amid New Rules-Check It Out!

(photo: Marquardt Law Firm)

Proposed Changes in Illinois Tax System Aim to Benefit Residents

Furthermore, the report points out the urgent need for action to address tax inequalities in Illinois proposing changes that could greatly benefit residents. By moving money to important services like care for seniors affordable housing, and schools Illinois can make life better for Americans. While worries about how businesses might be affected are noted the report suggests that making taxes fairer can help create a more equal economy and attract investment. It calls on policymakers to make fairness a priority and enact reforms that will build a better future for everyone in Illinois.

READ ALSO: Maine House Rejects! $2 Million Tax Credit Proposal for Portland Sea Dogs Stadium

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *