The Democratic candidate for lieutenant governor doesn’t have anything nice to say about Bruce Rauner’s tax proposals. One such proposal is freezing property taxes. Paul Vallas says he doubts that’s a promise Rauner can keep, and if he can, education funding would suffer. “The governor does not control property taxes,” Vallas said. “The law of financial averages in this state is that (when) the state cuts funding for local governments, local government taxes go up.”
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Vallas has said before that Rauner’s plans to roll back the state income tax from its current rate of 5 percent would force property taxes to go up to avoid cuts in local school districts. Vallas also has a low opinion of Rauner’s idea to tax spending on goods and services rather than income and investment. Vallas claims that would adversely affect working families in Illinois while not filling the budget hole left by lowering the income tax rate.