Tuesday, March 30, 2004

Landslide win for smart tax reform! 61% vote to make state taxes smarter (and subsidized by feds)

Just found out the good news: 61% of voters in the 17th precinct of the 43rd ward voted YES to the question: Should we raise the raise the state personal exemption from $2000 to $12000 and for the state to break even, raise the income tax rate from 3% to 4%, which would mean $200 million less federal taxes paid by Illinois residents.

There were 38 yes votes and 24 no votes.

It isn't online yet, but I hope the Chicago Board of Election Commissioners will put it up soon.

That would be a great move. And if affluent Lincoln Parkers are willing to vote for this proposal, then this thing should have some traction!

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