- Posted by Friends Of Martin
- On February 2, 2016
BARRINGTON HILLS, IL – Martin McLaughlin, candidate for Illinois Senate in the 26th District, announced today his support for Representative David McSweeney’s efforts to stop a retirement tax from being imposed on Illinois seniors.
“I stand firm in my opposition to the idea of a retirement tax on our seniors, and applaud Representative McSweeney for his leadership on this issue,” stated McLaughlin. “We cannot solve our state budget problems on the backs of our seniors, as this will only serve to accelerate the departure of retirees from Illinois.”
Representative McSweeney is Chief Sponsor of House Resolution 890, which “states the belief that the Illinois Income Tax Act should not be amended to permit taxing retirement income.” McSweeney’s resolution has 59 sponsors and is supported by the AARP. Senator Tom Cullerton has filed a similar resolution in the Senate, Senate Resolution 1325.
“It’s time Illinois lawmakers recognized the mobility that technology affords families, seniors, and businesses. While Illinois lags behind the rest of the country and struggles to be competitive, our neighbors are poaching our businesses and people. That is why Illinois is one of only three states in the country in a net population decline.”
McLaughlin concluded: “We must fix Illinois so our seniors can retire and thrive while remaining in their home state close to family and life-long friends. We need to instill sound, stable fiscal policies to provide seniors some certainty and the ability to plan for the future. Seniors need to be able to trust that their taxes won’t go up, that the programs they rely on will be funded, and that government won’t find new ways to make their lives more difficult.”