• SSMMA

Reviving tax swap could help schools, homeowners

With Republican Gov. Bruce Rauner and Democratic Party leader Mike Madigan engaged in an apparent blood feud in Springfield, a few state senators are discussing a grand compromise that could be a game-changer for school funding in Illinois.

Instead of a property tax freeze, a cornerstone of the governor’s “turnaround agenda,” Democratic senators are talking about a “tax swap” that could actually reduce property tax bills while increasing the state income tax to provide a fairer system for financing public education in Illinois.

The tax swap concept was first proposed by Democratic gubernatorial candidate Dawn Clark Netsch in 1994 and was ridiculed by her opponent in that election, Republican Gov. Jim Edgar…Please click here to read Phil Kadner’s column in the Tribune/Southtown Star.

0 views0 comments

Village of Alsip  •  Village of Beecher  •  City of Blue Island  •  Village of Burnham  •  City of Calumet City  •  Village of Calumet Park  •  City of Chicago Heights  •  City Of Country Club Hills  •  Village of Crestwood  •  Village of Crete  •  Village of Dixmoor  •  Village of Dolton  •  Village of East Hazel Crest  •  Village of Flossmoor  •  Village of Ford Heights  •  Village of Glenwood  •  City of Harvey  •  Village of Hazel Crest  •  Village of Homewood  •  Village of Lansing  •  Village of Lynwood  •  City of Markham  •  Village of Matteson  •  Village of Midlothian  •  Village of Mokena  •  Village of Monee  •  City of Oak Forest  •  Village of Olympia Fields  •  Village of Orland Hills  •  Village of Orland Park  •  Village of Park Forest  •  Village of Peotone  •  Village of Phoenix  •  Village of Posen  •  Village of Richton Park  •  Village of Riverdale  •  Village of Robbins  •  Village of Sauk Village  •  Village of South Chicago Heights  •  Village of South Holland  •  Village of Steger  •  Village of Thornton  •  Village of Tinley Park  •  Village of University Park  •  Village of Worth

  • Facebook
  • Twitter
  • LinkedIn

© 2021 by South Suburban Mayors and Managers Association