Quantcast

Funk sees alternatives to tax hike

Steve Funk, Libertarian candidate to represent Evanston in the state house, today rejected the tax hike proposals endorsed by newly appointed State Rep. Robyn Gabel.

Funk, who’s collecting petition signatures to appear on the general election ballot, said in a news release, “We can balance the budget, pay down our debt, and still provide essential services without a reckless and short-sighted tax hike on individuals and businesses.”

“State government must learn to live within its means just like the rest of us,” he added.

Gabel, appointed Sunday to complete the term of Julie Hamos who was named to head a state department, pledged last week to vote for House Bill 174, which would increase the income tax rate on individuals and corporations by up to 66 percent. Gabel also called for expanding the income tax to cover an array of services not now taxed.

"Gabel appears eager not only to increase the tax burden on working families and business owners but to impose new service taxes on everything from haircuts to pet grooming to downloaded books instead of confronting our state’s out-of-control spending problem,” Funk said.

A study by the Tax Foundation ranks Illinois’ overall tax climate for business at 30th in the nation. While the current income tax rate is comparatively low, 10th lowest among the states, its sales tax, unemployment insurance tax and property taxes are among the highest in the nation.

By raising the income tax rate, the foundation’s Joseph Henchman says, “legislators would give up the state’s one tax climate advantage.”

Funk says several proposals summarized by the Chicago Tribune "have identified sensible ways to maximize efficiency, cut waste, and reduce administrative costs in state government that would eliminate the need for tax increases."

"We can rein in government spending, reform our bankrupt state pension fund system, and eliminate waste and corruption without imposing tax increases that will further damage our state’s business climate and require taxpayers to sacrifice even more during a recession,”  Funk added.

Editors’ Picks