To the Editor:
Let’s look at J.B. Pritzker’s economy five years in the future: The graduated income tax didn’t bring in as much revenue as planned.
The rich moved or established their tax residence somewhere else. So now everyone needs to pay more, except the bottom 3% earners.
The pot smokers cannot get a job because they cannot get past the drug test. The small shop owners selling drugs buy 5 pounds legally, so they have the papers. The drugs on the black market are so much cheaper because there’s no tax when they buy the bulk on the black market.
Some things never change. When we were freshmen in the 50s, we went to Wisconsin to buy beer. Raise the tax on gas and beer high enough and people will travel.
Who needs to build new roads?
People are moving out of the state. Fill the pot holes and repave but with fewer people. We don’t need four-lane highways.
Gambling and casino regulars are losing 40% of their bets, so most of them will be in the poor house. If you believe the slots will pay 95% to 98% out, I have some land in Florida I’ll sell you.
Minimum wage earners will need to earn more than the $15 to be able to pay all the new taxes.
Walter J. Steffens