State comptroller says Illinois finances are better, but needs more revenue

She said that was why she supported the “fair tax” amendment, which she said would have brought in an additional $3.5 to $4 billion dollars annually.

“Until we change the taxing structure to one that provides from our progressive rate, I believe Illinois is going to have continue to manage this deficit somehow and it’s going to continue to impact the bill backlog in a negative direction,” she said.

She said many of the state’s residents complain of high property taxes which are controlled on the local level. She said if the Illinois had more revenue, the state could pay “more of its fair share” for things such as education, which, she asserted, could lead to a reduction in local property taxes.

Mendoza said she believes the tax amendment failed because voters may not have felt that state leaders are honest with them.

“I think the voters rejected that tax amendment because voters weren’t necessarily voting on a tax amendment, they were voting on trust,” she said. “I think there is a massive distrust of government.”

In her comments which, at times, could be described as partisan, Mendoza blamed much of the state’s financial crisis on former Governor Bruce Rauner, a Republican, without mentioning the Democratic-controlled state legislature.

“I did not enjoy a minute of the horrible crisis that was self-inflicted on the state of Illinois during the Rauner years,” she said, calling it the worst financial crisis in the history of the state.

Region: Southern,Local,City: Carbondale,Region: Carbondale

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June 4, 2021 at 03:44PM

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