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Wednesday, December 19, 2012

The in box. Glen Brown responds to my comments on the White Paper. « Fred Klonsky

The in box. Glen Brown responds to my comments on the White Paper. « Fred Klonsky:


The in box. Glen Brown responds to my comments on the White Paper.

A brief response:
An “Ironclad guarantee that the state will fulfill its funding responsibilities”: since Illinois Democrats want to shift the state’s payment for the pension systems to school districts and universities, besides reforming the “pension ramp,” I believe that a graduated income tax is the most important proposal to consider for raising revenue in Illinois.
“A Well-Designed Graduated Income Tax Rate Structure Could Reduce Taxes for 94 Percent of Illinois Taxpayers and Raise at Least $2.4 Billion more in Revenue than the Current Five Percent Flat Tax.
“If Illinois passed a constitutional amendment permitting the creation of a graduated income tax