Madigan’s permanent income tax hike

BETA
Introduced on Jan 12, 2017
Status: Signed into Law

21%

79%

Summary

Permanently increases the personal income tax rate by 32 percent to 4.95 percent from 3.75 percent. Would increase the corporate income tax 33 percent to 7 percent from 5.25 percent.

Last Action

Held on Calendar Order of Second Reading - Short Debate