The increase in the Illinois personal income tax and corporate tax is having a negative impact on every individual, family and business in the area. Because each of us has less in our paychecks due to the income tax rate going up, the rising price for gas has become that much harder a burden on the people of the Rockford area.
With the unemployment rate as high as it is and the prospects for new jobs slim, why would we intentionally make this state an extremely uninviting place to run a business given the tax rate increase? The Illinois Policy Institute has estimated 200,000 jobs or more could be lost as a result of the tax hike. We don’t need to do that to ourselves.
On April 15, the voters and taxpayers and business owners from all across the state will gather at noon at the state Capitol building. Everyone is invited to come. The more people sending the message, the harder it will be for it to be ignored. The tax hikes must be repealed, and the spending has to stop.
Ulysses S. Arn
From the April 6-12, 2011, issue