From the Daily Herald:
Pritzker: Tax cuts on the table if state revenues continue to exceed expectations
With two months to go before the legislature adjourns and current-year revenues continuing to smash expectations, Gov. JB Pritzker said he and legislative leaders are considering tax cuts. His comments came one week after the legislature’s nonpartisan Commission on Government Forecasting and Accountability, or COGFA, increased its revenue estimates by about $1 billion for the current and upcoming budget years combined. Full Story
Operative word…..MIGHT.
They should pay down as much debt as they can.
LOWERING taxes INCREASES Government revenue.
It’s not the reverse, folks.
If you believe it’s the reverse, you’ve been fooled by the press and academia.
John Kennedy called this the “PARADOXICAL TRUTH”.
Kennedy, Reagan, and Trump proved it to be true.
Taxes = control over your businesses and lives, that’s why DEMOCRATS everywhere
have never met a tax that they didn’t and don’t love.
BTW, don’t be fooled by their language tricks such as the afore mentioned “might” cut taxes.
Maybe just a tax cut for Jews.