Rich Dudes Rejoice The Fair Tax Is All But Dead In Illinois

For about a year, Democrats have been calling for a “Fair Tax” that would raise more money for our dead-broke state and schools by soaking the rich.

   Instead, we’ll make do with hearings on a nonbinding, largely symbolic resolution that castigates our current system as unfair without actually doing anything about it.

   That’s what progressive Democrats have been proposing for the better part of a year. 

   In fact, the Republicans introduced HR 975, their own nonbinding referendum, resolving to stand “united in opposition to any measure that would allow the creation of a graduated income tax” in Illinois.

   And just in case those swing voters aren’t paying attention, you can be sure Governor Rauner’s campaign machine will pay for mailings and commercials to remind them all about it.

   The biggest challenge for Democrats in crafting a fair tax proposal is where to draw the income line on who gets socked with a higher tax rate, and what that rate will be.