Gov. Bruce Rauner is giving a glimpse into what he’ll talk about in his first State of the State address. Rauner gave a business school-style lecture at the University of Chicago laying out some of the problems to which he may have solutions in the speech, which includes everything from declining household income to the state’s bill backlog.
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A solution he isn’t proposing is any change in the income tax rate, as he believes a hike wouldn’t solve these problems. Instead, his preferred fix is encouraging economic growth.
“Almost no one’s talking about what really drives, (in the) long run, drives the tax revenues, and that’s the economic activity, that’s the growth,” Rauner said. “That’s the spending, that’s the private sector spending, that’s the jobs, that’s the sales.”
Rauner says he plans on delivering this presentation in other places around the state ahead of the State of the State address on Feb. 4.