Regarding Orphe Divounguy’s “Spendthrift Illinois Races Toward Default” (Cross Country, March 7): Illinois Gov. J.B. Pritzker spins a fantasy that a progressive income tax will “really solve” the latest state financial crisis. Voters should consider the cautionary tale in similarly challenged New Jersey. Brendan Byrne when the political class imposed a state income tax with two rates—2% and 2.5%. Since then rates have been increased ranging from 1.75% to 8.95% and, despite prevailing economic prosperity, current New Jersey Gov.

Source: Wall Street Journal March 13, 2020 17:26 UTC