Daiber for Governor Profile | Cook County Record

Daiber for Governor

PO Box 466, Edwardsville, IL 62025-3218

Retirement income tax could boost IL bucks, but also spawn court challenges, exodus of retirees

By Cook County Record | Tuesday, Feb 27, 2018 @ 4:28pm

With Illinois' budget woes continuing, one Democratic candidate for governor has suggested taxing retirement income, But such a proposal could lead to a mass exodus of retirees from the state, as well as court challenges exempting the state's public worker retirees from paying any such tax, under the state constitution's pension protections.