• Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
Friday, September 19, 2025
Illinois Review
  • Login
  • Register
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
Illinois Review
No Result
View All Result
Home Illinois News

Manufacturing group protests effort to remove one of Illinois’ few economic advantages

Illinois Review by Illinois Review
May 4, 2016
in Illinois News
Reading Time: 2 mins read
A A
0
26
SHARES
436
VIEWS
Share on FacebookShare on Twitter

20150918_143431

You might also like

Opinion: Divide and Conquer – The Left’s Desperate Strategy After Charlie Kirk’s Death

Twin Groves Middle School Teacher Faces Backlash for Routine Inflammatory Social Media Posts as Parents Pull Children from Class

Opinion: Chicago Fire Department’s Woke Circus Is Out of Control

SPRINGFIELD – One of the key manufacturing groups in Illinois is opposed to Democrat State Rep. Lou Lang and Christian Mitchell's efforts to make Illinois hold the second highest tax rate in the country. 

“This is a $2 billion tax hike on successful job creators including many small and medium-sized manufacturing companies that pay taxes under the individual rate. This is exactly the wrong message to send to job creators when we need to grow our economy and create jobs for hard working men and women in Illinois,” said Greg Baise, president & CEO of the Illinois Manufacturers’ Association.

“Illinois already has the highest property tax rates in the United States and now Democrats want to make our income taxes among the highest in the nation as well.” 

Illinois manufacturers lost 15,000 good, high-paying jobs last year that averaged more than $70,000 in wages and benefits. Baise added, “The IMA does support comprehensive tax reform and passage of pro-growth policies such as workers’ compensation reform that will stimulate job growth and capital investment in the state.”  The IMA notes that these policies will also generate revenue for Illinois in both the short and long term. 

IMA said "The current flat tax is one of few economic advantages that Illinois enjoys": 

  • The top tax rate under the Democrat plan is 9.75 percent
  • Businesses filing under the individual income tax rate also pay a 1.5 percent corporate personal property tax replacement tax
  • In total, the top rate on businesses and individuals will be 11.25 percent. 
  • Illinois’ top tax rate will be the 2nd highest in the country trailing only California at 13.3 percent.

This is a tax increase contrary to claims by the sponsors, who pretend that this is a tax cut. Under Illinois law, the individual income tax rate will be reduced to 3.25 percent in the future so their lowest rate of 3.5 percent on the graduated scale means that every single Illinois taxpayer will see an increase on their tax bills, the group said in a press release.

Related

Tags: flat rateIllinois Reviewincome tax
Share10Tweet7
Previous Post

UPDATE x2: Kasich ends 2016 presidential bid

Next Post

Illinois progressive tax proposal dead for 2016

Illinois Review

Illinois Review

Founded in 2005, Illinois Review is the leading perspective and source of conservative news, opinion and information in Illinois. Follow Illinois Review on X at @IllinoisReview.

Recommended For You

Opinion: Divide and Conquer – The Left’s Desperate Strategy After Charlie Kirk’s Death

by John F. Di Leo
September 19, 2025
0
Opinion: Divide and Conquer – The Left’s Desperate Strategy After Charlie Kirk’s Death

By John F. Di Leo, Opinion Contributor How do you defeat an enemy? If you have numbers, you can overwhelm your enemy with numbers. If you have power,...

Read moreDetails

Twin Groves Middle School Teacher Faces Backlash for Routine Inflammatory Social Media Posts as Parents Pull Children from Class

by Illinois Review
September 18, 2025
0
Twin Groves Middle School Teacher Faces Backlash for Routine Inflammatory Social Media Posts as Parents Pull Children from Class

By Illinois ReviewA Twin Groves Middle School teacher is facing mounting backlash as parents move to pull their children from her class over routine inflammatory social media posts.Carolyn...

Read moreDetails

Opinion: Chicago Fire Department’s Woke Circus Is Out of Control

by Janelle Powell
September 18, 2025
0
Opinion: Chicago Fire Department’s Woke Circus Is Out of Control

By Janelle Powell, Opinion ContributorWhile Chicago burns, Chicago Fire Department leadership plays politics – defying Trump’s orders, dishonoring the flag, and turning a once-proud department into a political...

Read moreDetails

Local Family Goes Viral After Starbucks Writes “Loser” on Charlie Kirk’s Favorite Drink; Company Issues Statement

by Illinois Review
September 18, 2025
0
Local Family Goes Viral After Starbucks Writes “Loser” on Charlie Kirk’s Favorite Drink; Company Issues Statement

By Illinois ReviewA Chicagoland family’s Starbucks run went viral after their order of Charlie Kirk’s favorite drink was handed back with the word “Loser” scrawled on the cup...

Read moreDetails

Buffalo Grove Teacher Seen Packing Up Classroom After Outrage Over Social Media Posts on Kirk Killing

by Illinois Review
September 16, 2025
0
Buffalo Grove Teacher Seen Packing Up Classroom After Outrage Over Social Media Posts on Kirk Killing

By Illinois ReviewA Buffalo Grove middle school teacher who drew criticism for online comments about the assassination of conservative activist Charlie Kirk has been seen clearing out her...

Read moreDetails
Next Post

Illinois progressive tax proposal dead for 2016

Please login to join discussion

Best Dental Group

Related News

IL Freedom Caucus calls on Lurie Children’s Hospital to cease gender services for kids

October 27, 2022

Beckman: Is the Brigham Young University racial slur controversy another hoax?

October 27, 2022

Salvi polling shows closer race

October 27, 2022

Browse by Category

  • America First
  • Education
  • Faith & Family
  • Foreign Policy
  • Health Care
  • Illinois News
  • Illinois Politics
  • Opinion
  • Science
  • Second Amendment
  • TRENDING
  • US NEWS
  • US Politics
  • World News
Illinois Review

llinois Review LLC Editor-in-Chief Mark Vargas General Counsel Scott Kaspar Copyright © 2025 IR Media Corp., all rights reserved.

Navigate Site

  • Checkout
  • Home
  • Home – mobile
  • Login/Register
  • Login/Register
  • My account
  • My Account-
  • My Account- – mobile

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • Health Care
  • US NEWS
  • America First
  • Opinion
  • TRENDING
  • Education
  • Foreign Policy
  • Second Amendment
  • Faith & Family
  • Science
  • World News

llinois Review LLC Editor-in-Chief Mark Vargas General Counsel Scott Kaspar Copyright © 2025 IR Media Corp., all rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?