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Ladies and Gentlemen, Get Ready for the Main (Income Tax) Event

It's less than one week until the income tax debate Reboot Illinois hosts in conjunction with the Union League Club of Chicago.

What’s going to happen to our income taxes in Illinois? Should we switch to a progressive tax system with different rates that rise as incomes go up? Should we maintain our flat system? Should our rate remain at the “temporary” 5 percent for individuals or should it drop down to 3.75 percent as the law now says it should.

It's safe to say the income tax debate is THE hot topic in Illinois this year.

Reboot Illinois is partnering with the Union League Club of Chicago to host a debate on the issue. It's the morning of Feb. 28 at the Union League Club in Chicago. 

We've got a couple of the best, most articulate and thoughtful lawmakers ready to argue the pros and cons, the ups, the downs, the ins and outs for us: State Representative David McSweeney, a suburban Republican, and State Representative Christian Mitchell, a city Democrat.

CLICK HERE FOR MORE INFO AND TO REGISTER

We look forward to seeing you there to learn about this important issue in Illinois.

This post is shared in all PatchChicago towns.

The views expressed in this post are those of Reboot Illinois and do not necessarily reflect those of Patch or its editors.

Learn more and Sound Off here


Sandrina Roc February 23, 2014 at 10:55 AM
What's happened with the Skokie Patch? Lately it has little to do with local news and events. A tax debate in Chicago? Come on!
Jon Hall February 24, 2014 at 07:47 AM
Patch has been re-organized by a venture group and is no longer in the local news business. It's all about click throughs. They fired hundreds of people and replaced them with cut and plasters.
Bob Simpson February 24, 2014 at 08:01 AM
ReBoot Illinois is a well-funded astroturf group that pretends to be a citizens advocacy organization. Its main function is to represent powerful economic interests.
David Greenberg February 24, 2014 at 08:16 AM
FLAT TAX at 1%. Forget this "progressive" crap. Illinois needs to figure out that it can't tax it's way out of things - it needs to GROW. And it's never going to grow if the taxes, fees, etc. are oppressive as they are now.
Mikein algonquin February 24, 2014 at 10:34 AM
At the same time, they should change the corporate tax policy. What we have now is basically a tax on profits. Basically, corporations are taxed on profits. A true income tax would be bases on the monies the corporations received as payments for products and services.
DaddyO February 24, 2014 at 11:59 AM
No state income tax. Just like Texas.
Nick Mc Cool February 24, 2014 at 04:48 PM
A little research on this so-called progressive tax debate (apparently Dems-for, Repubs-against)(go figure) would reveal that the Union League Club of Chicago and Reboot Illinois aren't the only sponsors. This advertisement neglected to point out that the Koch Brothers funded Tea-Party, Astroturf group; Americans For Prosperity is also a sponsor of this charade. Reboot and the Illinois Policy Institute (both are Wall Street Hedge Fund supported think tanks) ganged-up on Ralph Martire of the Center For Tax And Budget Accountability in an earlier debate on this issue in Springfield. Though heavily edited it doesn't take long to figure out who is the smartest guy in the room. Here it is (link): http://www.youtube.com/watch?v=BucsBcsjFks This is more than a debate of rich vs. poor. We have a real problem with finances in Illinois and if we don't fix it this state will crash and burn. It's a revenue problem.
Deke February 25, 2014 at 11:26 PM
No, it's a spending problem, primarily. And the political reality is that it is likely not fixable. Illinois will rank at the bottom of economic and job growth for at least the next decade, probably longer.

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