McSweeney resolution would prohibit retirement income tax
A bipartisan House Resolution to insure Illinois does not tax retirement income has been introduced by State Rep. David McSweeney (R-Barrington Hills) following a proposal by the Civic Committee of the Commercial Club to tax retirement income.
"One of the few tax benefits we have in Illinois is protection for retirement income," McSweeney said in an announcement earlier this week about House Resolution 32. "We do not need to hold retirees accountable for the out-of-control spending that has put our state's financial future at risk. I will continue to fight to protect Illinois senior citizens. Instead of raising taxes, we need to cut unnecessary spending as well as reform pensions and Medicaid."
McSweeney was first elected to the Illinois State House in 2012 and was unopposed in last November's General Election.
The 52nd State House District is located within Cook, Lake, McHenry and Kane counties and includes Cary and Barrington.