Republican candidate for Treasurer Tom Demmer today launched a new digital ad taking Democrat Mike Frerichs to task for supporting a tax in retirement income in the run-up to the 2020 election. Frerichs was supporting Gov. JB Pritzker’s radical graduated tax amendment that would have increased taxes on Illinois families and then Frerichs took it a step further by saying it could ultimately be used to tax retirement income.
Demmer’s new ad, titled “Taxing”, outlines Frerichs past tax increase history along with his most recent support of considering taxing retirement income.
“Our State Treasurer is supposed to protect your retirement—not tax it. As Treasurer, I’ll be on your side,” said Demmer.
In addition to the new digital ad, Demmer also launched a new online petition where voters can demonstrate their opposition to the Frerichs plan of taxing retirement income. The online petition can be viewed here.
