Graduated Income Tax

In Illinois, we have a flat income tax rate. On the ballot in November will be a question regarding changing the flat tax to a graduated tax rate. The so-called “Fair Tax” would allow the General Assembly to set tax rates based on income. With the flat tax, we all pay...

An UNFair Tax

Historically, democracies fail – uninformed voters are too easily controlled by unscrupulous people allowing governments to spiral out of control, or a majority envious of my income can determine what fraction of income I am allowed to keep. In a republic, a...