Watch Berkowitz w/AFP Action's Nelms this morning & tmw morning in Chicago and this evening in Aurora on Cable and on the web (24/7) on Gov. Pritzker's "Unfair tax" Bait and Switch

Put more succinctly marginal tax rates on the middle class of 14% instead of 3% are a bit of a" bait and switch."

Without reforms and spending cuts, Governor Pritzker's "Fair Tax" becomes yet another PRITZKER unfair tax on the middle class.   

The show featuring Nelms airs this morning throughout Chicago proper at 9:04 am on Cable Ch. 21 (CAN TV).

The show featuring AFP Action's Andrew Nelms also airs tomorrow morning through-out Chicago at 8:34 am on Cable Ch. 19 (CAN TV).

The show w/Nelms also airs tonight in Aurora at 6 pm on Cable Ch. 10 aka ACTV-10, and repeats in Aurora ...

You can also  watch Andrew Nelms, interviewed by Berkowitz, 24/7 on the web by clicking here.

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In the run-up to the Illinois legislature deciding whether it should stick with the introductory tax rates associated with the new progressive taxes, it will "discover"that (1)  to pay (1) old bills, (2) "actuarial requirements to meet its pension obligations," and (3) balance structural deficits,  it will need to generate at least 10 billion new tax dollars per year.  And, if it is going to adopt true property tax relief, the IL legislature will need to generate an additional 5 billion new tax dollars per year.

So, in sum, Gov Pritzker's spending obligations and plans total up to a need of 15 billion new tax dollars per year.

Thus, Nelms and Berkowitz highlight what Pritzker won't disclose to the public: he needs $15 billion dollars more per year, not the $3. 4 billion more advertised to meet his spending plans- which could result in middle class marginal tax rates climbing to as high as 14%.

So, watch Andrew Nelms, Senior Adviser, AFP Action with "Public Affairs" show host Jeff Berkowitz discuss whether Gov. Pritzker's "Fair tax," is unfair, and more harmful than helpful to solve the State's enormous fiscal problems.

Put more succinctly marginal tax rates on the middle class of 14% instead of 3% are a bit of a" bait and switch."

The show featuring Nelms airs this morning throughout Chicago proper at 9:04 am on Cable Ch. 21 (CAN TV). 

The show featuring AFP Action's Andrew Nelms also airs tomorrow morning through-out Chicago at 8:34 am on Cable Ch. 19 (CAN TV).

The show w/Nelms also airs tonight in Aurora at 6 pm on Cable Ch. 10 aka ACTV-10, and repeats in Aurora at the same time and channel on Monday, Wednesday and Saturday of next week.

You can also  watch Andrew Nelms, interviewed by Berkowitz, 24/7 on the web by clicking here.

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Illinois, already rated by Kiplinger as the Nation’s "Least tax friendly state," has lost 170,000 residents in the last decade. Now, Illinois could suffer another massive out-surge of productive citizens and employers if Gov. Pritzker's  big tax boost (aka a "Progressive income tax)"  is approved by the citizen referendum in IL on Nov. 3. 

That is, Nelms discusses with host Berkowitz the likely outflow of Illinois’ citizens to “Zero income tax,” e.g., Florida, Texas and Tennessee- not to mention Illinois’ residents fleeing to the adjacent flat tax states of Indiana, Michigan and Kentucky.

Further,  it is often emphasized that in progressive income tax states, those taxes are always accompanied by taxes on retirement income- one of the few taxes so far avoided by the "High tax state of Illinois."More bad news for Illinois' taxpayers.

Finally, Berkowitz and Nelms discuss various reforms that could have been considered by Gov. Pritzker to fix Illinois’ fiscal woes (which include more than $400 billion in State and local government pension liabilities), and ask if the Governor's big tax increase does what is needed to fix Illinois' enormous fiscal problems. 

It's clear the answer to that question is NO because Gov. Pritzker and his ruling Democratic Party refuse to pursue any significant reforms or spending cuts. 

Without reforms and spending cuts, Governor Pritzker's "Fair Tax" becomes yet another PRITZKER unfair tax on the middle class.   

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