Unions March In Illinois, Demand More Taxpayer Money
Written by Brian Garst, Posted in Economics & the Economy, Labor Unions, Taxes
While Illinois, like so many state governments, is already struggling to pay for overly generous public pension plans, 15,000 union members marched on the state capital demanding yet more money in the form of higher taxes.
According to ALEC’s Rich States, Poor States, Illinois is ranked 47 out of 50 for its economic outlook. It also already has the 10th highest worker compensation costs among the states. Raising taxes to pay public workers yet more would be a disastrous move for the state, and likely foster continued migration of the wealthy out of the state in search of lower tax jurisdictions.
I serve as Vice President of the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. This site features my personal views, which are not reflective of CF&P.