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J.B. Pritzker on Tax Reform

 

 


Fight inflation by suspending grocery tax in coming year

I am proposing the Illinois Family Relief Plan--to provide immediate assistance to help families fight inflation. Another place where families are getting hit hard by rising costs is at the grocery store. We can afford to suspend the state tax on groceries in the coming year, and have the state make up any lost revenue to local governments, so we can bring some relief to families at the check-out counter.
Source: 2022 State of the State Address to the Illinois legislature , Feb 2, 2022

Cut corporate loopholes forcing middle class to pay more

This will be one of the most challenging budgets this government has ever had to craft, but I know there are willing partners in the General Assembly. In addition to the budget committee, I've spoken with members and committee chairs of the General Assembly, and incorporated their ideas, like cutting corporate loopholes that force the middle class to pay more.
Source: 2021 State of the State Address to the Illinois legislature , Feb 17, 2021

Property taxes must be seriously reduced

Property taxes in Illinois are simply too high. Local governments continue to max out their levies even when they don't need to. There are perverse incentives in state law that encourage that. We can change the law to support local governments and lower property taxes. And with nearly 7,000 units of government in Illinois, it's time to empower local taxpayers to consolidate or eliminate them. These changes can make a serious dent in property taxes.
Source: 2020 Illinois State of the State address , Jan 29, 2020

Fair income tax to shift burden to the wealthy

There is a structural deficit today of over $3 billion per year that if left unaddressed will continue to grow. There is a backlog of unpaid bills and debt that exceeds $15 billion. Our option is to reject imposing additional income, retirement and sales taxes on the middle class and instead enact a fair income tax. This would lift some of the tax burden off of middle income earners and instead ask the wealthiest to pay a little more.

It is not fair that I pay the same tax rate as a teacher, a child care worker, a police officer or a nurse. And efforts to simply increase the income tax rate across the board fuels further income inequality and kicks the can down the road for our children and grandchildren to solve our ongoing budget issues. The state needs a fair tax, and I am going to be relentless in pursuing one over the next two years.

Source: 2019 State of the State address to the Illinois legislature , Feb 20, 2019

Illinois needs progressive income tax

It's time for Illinois to modernize our tax code--and to do that, we must fairly raise revenue. Right now, Illinois has one of the most regressive tax structures in the nation. Low, middle, and working-class families pay more of their income in taxes than millionaires and billionaires and that's unacceptable. A progressive tax system built around our modern economy will give us the tools we need to provide our children a top-notch education and expand job training programs across the state.
Source: 2018 Illinois gubernatorial campaign website JBPritzker.com , Jul 17, 2017

Other governors on Tax Reform: J.B. Pritzker on other issues:
IL Gubernatorial:
Barack Obama
Darren Bailey
Jesse Sullivan
Paul Schimpf
Richard Irvin
IL Senatorial:
Juliana Stratton
Kathy Salvi
Peggy Hubbard
Raja Krishnamoorthi
Richard Durbin
Robin Kelly
Tammy Duckworth

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