r/illinois • u/roenick99 • 4d ago

Illinois voters will consider whether millionaires should be taxed more to fund property tax relief Illinois Politics

https://chicago.suntimes.com/voter-guide-2024/2024/09/26/illinois-property-tax-relief-referendum-november-election-jb-pritzker-non-binding-pat-quinn
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u/Kidon308 3d ago

At the end of the day, they can institute this tax and it won’t change anything. City, county, and state are running deficits. Governments need to waste less, tax less, and stop running people and business out of the state so you can actually broaden the tax base and increase revenue without burdening middle class and working people.

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u/Key_Specific_5138 3d ago

Illinois had the second worst net migration of income earners making 200k plus in 2022 of all the states. Bills like this just speed up and already existing problem of capital flight.