March 4, 2015

Chicago Sun Times: More Education Cuts

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Meanwhile, our system of taxes hits low-income families the hardest. The Institute on Taxation and Economic Policy named us one of the 10 “Most Regressive State Tax Systems,” with the third-highest “Taxes on the Poor.” Yet if just 20 large Illinois companies had paid state taxes at the required statutory rate over the past five years, billions of dollars would have come back to the state. Instead, they’ve paid a little over 2 percent, about a third of their required tax.

The governor doesn’t talk about any of this.

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