tax cuts

President Trump and congressional Republicans have pitched their tax plan as a boost for the middle class.

"The rich will not be gaining at all with this plan," Trump told reporters during a meeting with lawmakers in mid-September.

Charles N. Wheeler III
WUIS/Illinois Issues

  Guess what? 

State tax cuts don’t improve economic growth.

No, that’s not an April Fool’s Day zinger.

Rather, it’s the conclusion of a report issued last month by the Fiscal Policy Center at Voices for Illinois Children, a nonpartisan advocacy organization for the state’s youngsters (Poor Finances, Uncertainty about Looming Revenue Collapse Threaten State Economy).