To the Editor:
As the election gets closer and Illinois Dems flood the tv with their fair tax increase ads, does anyone actually believe a word of what they are saying? People are leaving the state because of the already high taxes and the Dems' “solution” is to raise taxes even more.
One of the first things the Madigan Pritzker tax tag team did when Pritzker took office was raise taxes on Illinois workers. Now we find out Pritzker is under investigation for tax evasion or tax fraud, so apparently paying his fair share doesn’t apply to him, and Madigan is being investigated for corruption.
They wouldn’t need to keep raising taxes if they attacked the real problem of bloated state wages and the bloated and abused pension fund. A much better constitutional amendment would be to eliminate the guaranteed no cut pension clause.The average salary for state workers in Illinois is the highest in the country when cost of living is considered and Pritzker padded it even more.
Then there is the bloated and abused pension fund where 30 cents of every tax dollar goes to paying pensions and the fund is still well over $100 billion underfunded. There’s also the 3% COLA increase they get every year. In the last 20 years, according to U.S. government cost of living stats, only five years have been at or above 3%. There’s approximately 20,000 state retirees getting six figure pensions and many of those are only in their 50s. Add to all this the platinum health care state workers get, mostly paid for by the taxpayers, and the fact that Illinois is always ranked near the top of most corrupt states in the country and it’s easy to see why the state is bankrupt.
The state has a constitutional requirement for a balanced budget, yet hasn’t had a balanced budget in years. Springfield simply ignores bills and payments due and borrows more money to claim they have a balanced budget. Giving them more taxing power with the proposed amendment would only give them more money to waste, which is the only thing they have proven they are really good at.