When we present arguments against a graduated income tax — a referendum will be at the top of the November ballot for voters to decide — we hope to convince those of you on the fence. Regular readers of the Tribune editorial page already are familiar with our fiscal policy recommendations and frustration with politicians who have failed for decades to straighten out this state’s spiraling financial mess.
In our view, switching from a constitutionally protected flat tax to a graduated income tax would allow Illinois politicians to tinker with rates — to extract more money from hardworking taxpayers — without forcing them, the politicians, to do the hard work of streamlining government, cutting spending and eliminating the structural deficit that has made this state a deadbeat for more than a decade. It is beyond irresponsible that the state can’t pay for services for its most vulnerable, can’t pay its bills on time and has a credit rating near junk status.
Other states with graduated income tax rates that are running smoothly are running smoothly because they are well-run states — not because of the “magic” of a graduated tax structure.
That’s our take. But to readers undecided, and even for those of you who plan to vote in favor of the graduated tax amendment, give us a shot at trying to change your minds. Unlocking the Illinois Constitution’s flat rate is the wrong path toward a healthy Illinois, which is the outcome we all, regardless of party or politics, want to see. We all strive for the revival of the great state of Illinois. But this is not the way to do it.
Illinois elected officials need to be responsible stewards of the people’s money: Pay the state’s bills on time. Respect taxpayers by spending frugally. Reduce the size and scope of government by focusing on essential services. Offer voters a chance to vote on term limits, redistricting reform and a pension amendment.
Read the Chicago Tribune Editorial Board’s opinions here.
Related: “Editorial: Closing arguments, Part One: Why voters should reject Pritzker Tax”
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