Updates and Events
Ralph Martire Interviewed by WTTW "Chicago Tonight"
CTBA Executive Director Ralph Martire was recently interviewed by WTTW "Chicago Tonight" reporter Paris Schutz regarding Chicago Alderman Joe Moore's proposal to institute a graduated rate income tax for the City of Chicago. Even though Alderman Moore's proposal would effectively raise $500 million in revenue, the Illinois state constitution prohibits taxing on a graduated scale. The only way to enact a graduated income tax would be to lobby the state Senate to change the state constitution, which according to Ralph would be extremely difficult and would involve a lot of "hoops to jump through." However, Ralph suggests that another way to increase revenue would be to expand the sales tax base to include services, which would raise about $300 million in revenue for the City of Chicago.
The segment aired at 7:00 PM on Thursday, June 11, 2015, on WTTW. If you missed the program, watch it now!