McSweeney Introduces Bill to Repeal Democrats’ 67% Income Tax Hike

David McSweeney

David McSweeney

A press release from State Rep. David McSweeney:

McSweeney Fulfills First Campaign Pledge on Day One

SPRINGFIELD – On his first day serving in the 98th General Assembly, State Representative David McSweeney (R-Barrington Hills) honored one of his campaign pledges by filing legislation to repeal the 67% tax increase which was signed into law nearly two years ago. If passed, the legislation (HB 91) will end the largest tax increase in Illinois history.

“It might be a novel concept for many here in the General Assembly, but I came here to do what I said I was going to do,” said McSweeney.

“These tax increases have devastated hard working families and job creating small businesses and I will be pushing hard for its expiration.”

The 98th General Assembly was inaugurated today at the University of Illinois Springfield campus as McSweeney was joined by dozens of incoming legislators from across the state.

McSweeney highlighted HB 91 and his additional campaign pledges of not accepting a legislative pension or benefits, taking a 10% pay cut and reducing his legislative allotment for office operations by 10%.

“It is a privilege to serve the residents of the 52nd district and I pledge to fight for meaningful fiscal reforms to get our state back on track,” added McSweeney.

“With Illinois’ future obligations estimated to exceed $200 billion, it’s time to make the hard decisions and do what is right and necessary for our state.”


Comments

McSweeney Introduces Bill to Repeal Democrats’ 67% Income Tax Hike — 5 Comments

  1. Well now, wait a minute, folks.

    If you owe thousands of dollars on your credit cards, are you going to cut down on your payments?

    What happens when you do that?

    You stretch out the repayment period and increase your costs.

    Isn’t Illinois bankrupt, but just doesn’t know it yet?

    Nobody likes tax increases or increased taxes.

    But how is Illinois supposed to meet its financial obligations?

    Anybody got an answer for that one?

  2. GET AN AGREEMENT TO CUT YEAR-OVER-YEAR SPENDING INCREASES FOR 20 YEARS.

    DEDICATE THE SAVINGS FROM THAT TO THE PENSION FUNDS.

    ALSO DEDICATE ALL LOTTERY PROCEEDS TO THE PENSION FUNDS.

    PUT A TAMPER-PROOF LOCK ON THE FUNDS.

    ILLINOIS PENSION FUNDS WOULD BE IN BETTER SHAPE…MAYBE NOT QUICKLY BUT THE BOND RATING WOULD RECOVER JUST ON THE SHOCK OF SOMETHING POSITIVE BEING DONE.

    STOP PLAYING AROUND.

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