- Illinois Republican Party Chairman Pat Brady condemned Governor Pat Quinn’s comments that he wouldn’t rule out making all or part of the state’s temporary 66% income tax hike permanent. Brady also announced a citizens online petition drive against the idea at NoIllinoisTaxHike.com.
“Businesses and taxpayers have already been looking at leaving Illinois,” Brady said. “The only thing worse than a temporary tax hike would be a permanent one.”
Brady said, “The way to bring jobs back to Illinois is through lower taxes – not higher taxes. The Governor apparently hasn’t noticed that the states that are creating the most jobs these days are the ones who are lowering taxes.”
The 5% rate is scheduled to fall to 3.25% in 2014 and down to 3% in 2024, but Quinn and the democrats can't even be bothered to live up to a political promise the same year they made it. Meanwhile Illinois continues to hemorrhage jobs and potential future tax dollars, which only makes the death spiral that much tighter.