As the State of Illinois was starting to recover throughout 2010, the tax increase of January 2011 reversed the trend, sending companies out of the state and workers to the unemployment line. The chart below from the Bureau of Labor Statistics shows over 72,000 more Illinoisans are not employed
In an effort to create a level playing field for all businesses in Illinois, this proposal would allow any business in the state to voluntarily receive a tax rate cut. This new voluntary tax rate would be 4.5% or 36% below the rate after the Springfield tax hike of 2011. Since this is voluntary,
Implementation of the Restore Jobs Act would be straight forward.
Work with the Department of Homeland security to allow all residents of Illinois to Self E-Verify. (Illinoisans are currently not allowed to self E-Verify) *
This policy will be voluntary for all privately owned
For those businesses who choose to participate, it lowers the tax burden on the businesses of Illinois allowing them to invest more of their own money into the local community and to expand; creating more jobs. This will reverse the trend of Illinois businesses and citizens of leaving the state