Some financial headlines here in Illinois have not been uplifting lately, have they?
Budget deficits. Pension liabilities. High property taxes.
It’s been tough, but the truly tough numbers hit us recently. Despite the progress Illinois has made in pushing new dollars to the most under-funded school districts (thanks to the new school funding formula) equitable funding is only going to get worse in the next few years.
But we can stop that right in its tracks if our state adopts the fair tax plan.
Take one minute from your busy day and tell Springfield: adopt the fair tax plan.
Good things have happened since the new formula became law, but we can’t forget that it replaced the most inequitable school funding system in the country. We won’t go from last to even the middle of the pack without being vigilant.
Illinois needs sustainable revenue sources for education, and it must address the remaining inequitable funding structures. Otherwise, the momentum grinds to a halt. Illinois students need the fair tax to pass.
Join us and tell Springfield to pass the fair tax plan.
Our proposal, known as the “equity boost” would immediately move the state over $230 million closer to adequacy without costing the state any money.
Our state has an inequitable tax system and inequitably funded schools. We need to fix both. Without bold solutions like the fair tax and the equity boost, we are giving up on the children of Illinois.