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Saturday, November 23, 2024

Reick opposes tax plan: 'This isn't how we do it'

Money 01

House Rep. Steven Reick (R-Woodstock) voted against the graduated income tax hike during Monday's session, arguing that the state needs to make changes but not the one Gov. J.B. Pritzker has in mind.

"I am a firm believer that those who fail to learn lessons from the past are condemned to repeat them," Reick said. "In 2014, the millionaire tax was wrong then and this is wrong now. Do we need tax reform, you bet we do. But this isn’t how we do it. We need a tax system that tracks the economy. This is not going to work."

Senate Joint Resolution Constitutional Amendment 1 passed the House on Monday with 73 Yes votes and 44 No votes. It will now be on the November 2020 ballot for Illinois voters to decide.


State Rep. Steven Reick (R-Woodstock)

Every single Republican voted no on the bill and many businesses and individuals have spoken out against a graduated income tax structure. Critics like Reick suggest that because rates are not nailed down in the amendment, the tax will eventually become a burden carried by the middle class.

Pritzker has been adamant about his preference for a "fair tax" since running for governor last year.

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