“The Governor wrongly takes the short-term approach by proposing to increase taxes by more than $2 billion on Illinois families and another $2 billion dollars on Illinois employers. And some argue that we can cut our way out of this,” Senator Brady said. “The systemic solution to our economic crisis should include revenue increases through natural growth and spending reduction. The biggest failure to date is to realize that Illinois must refocus on job creation, with the higher quality of life and the additional state revenues those jobs will mean for Illinois and our families.”
The 44th District Senator says that over the last six years, Illinois has lost more than 700,000 jobs and more than $3 billion in revenue to the state each year.
“To solve our economic climate, we must resolve ourselves to making Illinois a low cost-of-doing-business state, reducing taxes, fees, and bureaucratic delays so employers can create more good jobs for Illinois workers and a higher quality of life for their families,” Senator Brady said. “Our budget must be balanced, but not with the policies of pushing more jobs to neighboring states. Our short-term solutions include temporary reduction in spending, backed with reforms that eliminate our expensive tax fees and bureaucratic delays.”