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Ben VanMetre: Progressive Tax No Fix for State Budget

October 10, 2013

Illinois state government in 2011 imposed huge tax increases on personal and corporate income, and its fiscal problems have worsened. Now many people in the state are calling for a new "progressive" income tax to solve the very problems they said the 2011 tax increases would solve. Ben Van Metre of the Illinois Policy Institute tells us why the last tax increases failed, and why a progressive income tax likely would be an even bigger failure.Prg