A press release from State Rep. Kent Gaffney:
Representative Kent Gaffney Pledges to Repeal the “Democrat Tax”
January 12, 2012…On the one year anniversary of the 67% income tax hike approved by a partisan roll call in the Illinois House of Representatives, Illinois State Representative pledges to repeal the 67% income tax hike.
Kent Gaffney is a co-sponsor of HB 175 which would repeal the tax increase imposed during a lame duck Session of the General Assembly in 2011. The tax increase was passed with all Democrat votes and is set to expire on January 1, 2015.
“A year ago today Illinois Democrats forced the largest tax increase in Illinois history onto the citizens of Illinois because of their unwillingness to cut spending and achieve true pension reform” said Kent Gaffney “The “Democrat Tax” is a job killer and a major road block to cleaning up the mess from the Blagojevich/Quinn administrations.”
The “Democrat Tax” is pushing jobs out of the State of Illinois at an astounding rate.
According to the U.S. Department of Labor Statistics, Illinois has lost 61,390 jobs since the tax hike took effect January 1, 2011. Illinois’ border states created 67,549 jobs since Illinois’ tax hike took effect. The current unemployment rate in Illinois as of November 2011 stands at 10%.
“It is clear that the income tax increase is destroying our local economies and driving businesses out of this State.” Said Kent Gaffney “If we are going to get this State back on track we will need a better business climate – that starts with a repeal of the Illinois “Democrat Tax”.
Illinois’ neighboring states continue to have lower unemployment rates. Illinois’ neighboring states unemployment rates are as follows:
- Indiana, 9%;
- Iowa, 5.7%;
- Kentucky, 9.4%;
- Missouri, 8.2%; and
- Wisconsin, 7.3%.