To tax or not to tax? Pritzker’s graduated tax fails on all counts
The only major, contested issue on the ballot this fall in our Blue State will be whether to enact Gov. JB Pritzker’s proposed constitutional amendment to allow graduated income tax rates. I think the Pritzker approach — not the concept — is wrong-headed. I try to explain here.
Background. Throughout this century, Illinois has each year been spending and obligating billions more than we have been generating in revenues. So now, each of Illinois’ 4.6 million households …