by John Laesch, posted on Saturday, January 26th, 2013 at 11:14 pm
Updated Monday, January 28th, 2013 at 8:37 pm
On Jan 9th, State Representative Naomi Jakobsson filed a bill that would give Illinois voters an opportunity to amend Illinois’ tax code and pave the way for a graduated income tax.
On Jan 23rd, State Rep. Linda Chapa LaVia added her name as a co-sponsor to the bill.
Proposes to amend the Revenue Article of the Illinois Constitution. Provides that individual income taxes may be at a graduated or a non-graduated rate. Provides that any such tax imposed on corporations shall be at a non-graduated rate, not to exceed the average of the lowest and highest individual rates by more than a ratio of 8 to 5. Effective upon being declared adopted.
If the bill passes the general assembly, Illinois voters would have to approve of the measure by voting “yes” on the November 2014 ballot before it went into law.
Dr. Ron Baiman addresses the Northern Illinois Jobs With Justice forum, “Funding Strong Schools and Fair Pensions”, East Aurora High School, Aurora, Illinois, January 2, 2013.
Illinois State Representatives Linda Chapa LaVia and Elaine Nekritz address the Northern Illinois Jobs With Justice forum, “Funding Strong Schools and Fair Pensions,” East Aurora High School, Aurora, Illinois, January 2, 2013.
Dr. Jean Pierce addresses the Northern Illinois Jobs With Justice forum, “Funding Strong Schools and Fair Pensions,” on the benefits of moving to a graduated state income tax, East Aurora High, Aurora, Illinois, January 2, 2013.
PDA IL joins the Chicago Teachers Union, Chicago Teachers Solidarity Campaign, Gray Panthers, Northern Illinois Jobs for Justice, Unite Here and National Nurses United among other labor unions and Hyde Park community activists to protest against the use of property taxes going to fund the building of a new luxury hotel in Hyde Park while schools face millions of dollars in cuts.
Over 20 Bickerdike activists attend a training to learn about Tax Increment Financing (TIF) and how the inequality of TIF distribution is effecting our neighborhoods, schools, libraries, and parks.
“Mitt Romney’s creepy hand wants your $2k to pay for tax breaks for his millionaire and billionaire friends. Tell Mitt Romney: Get your hand out of my pocket!”
The famed award-winning investigative reporting team of Donald Barlett and James Steele have just published a new book, “The Betrayal of the American Dream,” a followup to their landmark bestseller, “America: What Went Wrong.” As Republicans and Democrats continue disputing who should bear the brunt of the tax burden, Barlett and Steele argue that America’s middle class has been decimated over the years due to policies governing not only taxes but also bank regulations, trade deficits and pension funds. Their book chronicles how the American middle class has been systematically impoverished and its prospects thwarted in favor of a new ruling elite. Barlett and Steele have worked together for more than 40 years, sharing two Pulitzer prizes and two National Magazine awards. The duo joins us for the hour to discuss the assault on the middle class, the great tax heist, deregulation, the end of retirement, the outsourcing of U.S. jobs, the 2012 election and more.
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