Includes “There's no question Illinois needs the revenue. The state's current debt burden stands at $226 billion, amounting to $52,000 for every taxpayer in the state by the reckoning of Truth In Accounting, a nonpartisan watchdog group. … Voting in favor of the graduated tax requires a leap of faith—a belief that Illinois politicians can be trusted to shepherd these new resources responsibly and invest them soundly. Sadly, this state, under governors of both parties, has done nothing to earn that trust.”
Read the full article on: Crain’s Chicago Business