State Senator Sue Rezin (R-Morris) spoke out against the graduated income tax proposal (SJRCA 1) during Wednesdays Senate Executive Committee hearing, and issued the following statement.
The graduated income tax proposal puts middle income families at risk and fails to offer any sort of protection against future tax increases. The proposed rates that have been floated around may make up the budget deficit for now, but what happens when we continue to increase our spending like we have done year after year. Someone will have to make up that money, and that will more than likely be the middle class. The high income tax rates will gradually creep downward and no longer will it only be the rich paying, itll be the middle class families.