Rep. Cavaletto Votes to Oppose a 32% Permanent Tax Increase on Families

State Representative John Cavaletto (R-Salem), a member of the Cost Benefit Analysis Committee, today voted to support the Governor’s veto of the budget plan that raises the state income tax rate from 3.75% to 4.95%.

“My vote on Sunday for the proposal in front of us was based on the ‘junk bond’ rating threat to the State of Illinois and that huge negative impact on borrowing and the cost to Illinois taxpayers,” said Rep. Cavaletto. “But I found out this morning directly from Moody’s that this budget plan doesn’t seem to help and they are still considering a downgrade from Baa3 rating level because Illinois’ debt obligations does not have stable funding to meet our obligations, even with this tax increase,” Cavaletto continued.

“The more than one thousand calls, emails and Facebook messages I have received have been about 10 to 1 opposed to any more taxes. The message from my constituents has been loud and clear that they do not want a tax increase so I had to oppose this plan with a permanent tax increase,” Cavaletto said.

As part of this plan there is a 5% across the board cut of state agencies and a 10% cut in the funding to Illinois colleges and universities. But there are not enough reforms to change the way government spending is handled in Illinois.

“We’re pushing people out of this state with high taxes and property taxes and we need reforms and tax relief to keep people here and attract more with job growth,” Cavaletto concluded.

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