State Senator Craig Wilcox | Illinois General Assembly
State Senator Craig Wilcox | Illinois General Assembly
Republican senators in Illinois have voiced strong opposition to a proposed $6 billion tax increase, which they argue will significantly harm small businesses in the state. During a recent press conference, Senator Craig Wilcox joined fellow Republican Senators Jason Plummer and Erika Harriss to urge Governor JB Pritzker and Democratic leaders to reconsider the tax proposal.
"As the owner of small businesses, I live this reality every day," said Wilcox. "The Governor’s proposal to raise taxes by another $6 billion would force businesses to cut jobs, raise prices, or close their doors altogether."
Wilcox also criticized Governor Pritzker for breaking previous promises, such as reinstating the franchise tax after an agreement was made to phase it out in 2019. He emphasized that such actions discourage investment and economic growth in Illinois.
Another aspect of the proposed tax package includes lowering the state's estate tax exemption from $4 million to $2 million. This change has raised concerns about its impact on family-owned farms and businesses. Senate Republicans argue that this could lead families to sell farmland or equipment just to cover taxes.
Senate Republicans have advocated for aligning state policies with federal ones by either phasing out or raising the estate tax exemption threshold. They believe these reforms are essential for protecting Illinois' agricultural legacy.
In addition to addressing tax issues, Senator Wilcox announced several community outreach events planned for the summer. These include an ICASH Unclaimed Property Event on June 26 in Fox Lake and a Household Hazardous Waste Collection event on June 7 at Prairie Ridge High School in Crystal Lake.
On another front, Illinois Democrats have introduced legislation targeting certain handguns, particularly Glock models modified with auto-switch devices. House Bill 4045 and Senate Bill 2652 aim to ban these modifications but face criticism from Second Amendment supporters who argue existing laws already prohibit such devices.
"The U.S. Supreme Court has already ruled that bans on commonly owned handguns violate the Constitution," said Wilcox regarding the proposed handgun legislation. "I believe this proposal is a backdoor attempt to sidestep that ruling."
Wilcox stated his intention to vote against any bill targeting responsible gun owners if it comes before the senate.