SEARCH
NEWS arrow

Statewide teachers union response to Madigan's millionaire surcharge proposal

3/20/2014

FOR IMMEDIATE RELEASE
DATE:
March 20, 2014

Statewide teachers union response to Madigan's millionaire surcharge proposal

CHICAGO – Today, following news that Speaker Mike Madigan proposed a 3% state income tax surcharge for Illinois residents making more than $1 million in a year, Illinois Federation of Teachers President Dan Montgomery released this response:

"Given the drastic cuts to education in recent years, and the threat of cutting nearly $1 billion more in this year’s budget, we are encouraged by the Speaker’s proposal to invest more money in public education for our children. This is a very positive first step in moving us toward a fair tax system in Illinois, with lower rates for lower incomes and higher rates for higher incomes. It also begins to address our twin problems of inadequate and inequitable school funding, and we look forward to discussing it further.”

The IFT is made up of more than 100,000 teachers and staff in PreK-12 school districts, higher education professionals, public employees, and retirees throughout Illinois.

                                                              #     #     #

printer
email

TWEETS

    Pinterest


    Copyright © 2019 Illinois Federation of Teachers