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Gov. J.B. Pritzker’s budget reduction memo could be groundwork for graduated income tax push, analyst says

SEPTEMBER 17, 2019 | by Greg Bishop | THE CENTER SQUARE – ILLINOIS

A memo Illinois Gov. J.B. Pritzker’s administration reportedly sent to state agency directors last week asks for ideas to save 6.5 percent through efficiencies, elimination of boards and commissions and other ideas. But how to deal with the state’s major cost driver of pensions is absent. … ‘It may also be evidence of an increase in the obvious financial reality that our ambitious ‘think big’ plans may have been a little too ambitious,’ Truth In Accounting Research Director Bill Bergman said.

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