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The Illinois Department of Revenue has projected losses of 20,000 private-sector jobs, 43,000 residents to other states on net, and $1.9 billion in GDP in the first four years of a progressive tax.

And proponents then countered with a response linked here.

Comment: The proponents don’t understand that the money is already being spent and that we are running a $6.2 billion cash deficit, so there’s no positive effect from more spending.

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