HR0891LRB100 21106 MST 36986 r

1
HOUSE RESOLUTION

 
2    WHEREAS, Illinois' income tax has been levied at a
3non-graduated rate since its inception in 1969; and
 
4    WHEREAS, The current flat rate structure is a commitment
5from the Constitution of the State of Illinois; and
 
6    WHEREAS, Illinois' current flat tax rate provides a more
7predictable, sustainable, and enticing climate for businesses
8and individuals alike; and
 
9    WHEREAS, A graduated income tax is unresponsive to a modern
10economy, contributing to slower economic growth, less
11entrepreneurship, and fewer new jobs; and
 
12    WHEREAS, States with lower tax burdens, lower marginal tax
13rates, and less progressivity have more robust economies, with
14strong incentives to live, work, and start new businesses; and
 
15    WHEREAS, A graduated income tax creates an ever-increasing
16disincentive for work at each "step" in the marginal tax rate;
17and
 
18    WHEREAS, Sound tax policy should reward work effort,
19saving, investment, risk-taking, and entrepreneurship to

 

 

HR0891- 2 -LRB100 21106 MST 36986 r

1promote self-sustaining prosperity; and
 
2    WHEREAS, Taxpayers would have no certainty what the final
3tax rates would be in the event that a constitutional amendment
4permitting a graduated income tax goes before voters;
5therefore, be it
 
6    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE
7HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we
8state our belief that the Illinois Constitution should not be
9amended to permit a graduated income tax; and be it further
 
10    RESOLVED, That suitable copies of this resolution be
11delivered to all Illinois constitutional officers, the Speaker
12and Minority Leader of the Illinois House of Representatives,
13and the President and Minority Leader of the Illinois Senate.