SPRINGFIELD – Protestors bussed in by the Service Employees International Union (SEIU) marched on the offices of the Illinois Policy Institute in Springfield Tuesday (video HERE). The group called on the Institute to stop "false attacks" on how the proposed progressive tax system would affect Illinois taxpayers.
The group's press statement accused llinois Policy Institute of serving as a conduit for the national State Policy Network, a group they say is financed by "America’s wealthiests corporate interests," including billionaires David and Charles Koch. From the press release:
"The Illinois Policy Institute is responsible for many false attacks on the Fair Tax, including claims it would raise taxes on low- and middle-income families—claims which have been thoroughly debunked," the group said. "The truth is that a Fair Tax – implemented with a rate structure proposed by the Fair Tax Act’s chief sponsor, Sen. Don Harmon – would cut taxes for 94% of Illinois residents, including everyone making up to $205,000."
Illinois Policy Institute's calculations show the progressive tax will cause taxes to go up dramatically if the state's income tax rate is allowed to return to its 2011 levels. From those projected 2011 rates, if the progressive tax system is set into place, any taxpayer over $22,000 annual income will face an income tax hike.
The faith leaders "A Better Illinois" gathered in February in a Chicago church to promote progressive tax: