A press release from State Rep. Allen Skillicorn:
Representatives Allen Skillicorn and Jeanne Ives introduce balanced budget proposal with NO Tax Hikes!
Chicago, IL – The number one issue facing Illinois and impacting our budget is our inability to compete for jobs and economic growth. Illinois’ problems won’t be solved by another tax hike, obscure new revenue sources, or other schemes.
Economic growth drives everything else, economically and socially.
Illinois has fewer jobs today than we had 15 years ago.
If we don’t correct that problem, nothing else matters.
Since the year 2000, the 50 states combined have created almost 12 million net new jobs.
During the same time period Illinois has created no net new jobs, none.
Costs that businesses consider when looking to locate or grow in a state include Workers Compensation, Tort law and the state’s property tax climate, as well as the state’s political climate.
Tuesday I had the privilege to join my colleague Rep. Jeanne Ives to introduce an Alternative NO-Tax Balanced Budget Planthat is based on reforms, not tax hikes!
Constituents contact me everyday to tell me that Illinois taxes are too high and I agree.
Illinois residents do not receive a good return on their investment.
Property taxes are driving seniors, small businesses, and working class families out of state.
We need bold leadership and transformative policies.”
Skillicorn and Ives were joined by John Tillman and Michael Lucci form the Illinois Policy Institute for a Tuesday morning press conference at the James R. Thompson Center in Chicago to unveil the plan.
The Alternative NO-Tax Balanced Budget Plan includes reforms like shifting state employees into defined contribution retirement plans, a property tax freeze, and other cost saving proposals.