Taxes & Economy

Families, workers, and small businesses across Illinois are feeling the pressure of rising costs, high taxes, and economic uncertainty. Too many residents are struggling to keep up with everyday expenses, while businesses face growing challenges to stay open and competitive.

Jakob believes Illinois can be a state where families can afford to live, businesses can grow, and workers can build stable futures — but that requires responsible budgeting, lower tax burdens, and policies that encourage economic growth.

Government should work to strengthen the economy, not make it harder for people to succeed.

Lowering the Tax Burden

Illinois families deserve relief from the high cost of living. While government must meet essential responsibilities, it must also respect taxpayers and use public funds responsibly.

Jakob supports:

  • Responsible budgeting that prioritizes essential services

  • Identifying and reducing wasteful government spending

  • Protecting residents from unnecessary tax increases

  • Long-term financial planning that reduces pressure on taxpayers

Families should be able to keep more of what they earn.

Supporting Small Businesses

Small businesses are the backbone of Illinois communities. They create jobs, support local economies, and bring life to neighborhoods. However, many business owners face excessive regulations, high operating costs, and economic uncertainty.

Jakob supports:

  • Reducing unnecessary regulations on small businesses

  • Simplifying licensing and permitting processes

  • Supporting local entrepreneurship and innovation

  • Encouraging business development in communities across the state

When small businesses succeed, communities succeed.

Job Growth and Workforce Opportunity

A strong economy depends on a skilled workforce and opportunities for residents to build meaningful careers.

Jakob supports:

  • Workforce training and apprenticeship programs

  • Partnerships between schools, trade programs, and local employers

  • Expanding career pathways in skilled trades and technical fields

  • Encouraging job creation across multiple industries

Every resident should have the opportunity to work, grow, and succeed.

Fiscal Responsibility in Government

Illinois must take a responsible approach to managing taxpayer dollars. Long-term financial stability requires discipline, transparency, and thoughtful planning.

Jakob supports:

  • Balanced budgets and responsible spending

  • Transparent financial reporting

  • Long-term planning to address state financial challenges

  • Protecting essential services while improving efficiency

Fiscal responsibility builds trust and creates a stronger future for Illinois.

Moving Forward

Illinois has the potential to be one of the strongest economic states in the country. By supporting families, empowering small businesses, and practicing responsible financial leadership, we can create lasting opportunity across our communities.

Jakob is committed to policies that encourage growth, reward hard work, and put the people of Illinois first.