Another tax hike is on the table in Springfield, and if it passes, Illinoisans who are single-filers earning more than $17,300 a year would see their income taxes go up.

Today the Illinois Policy Institute released its progressive income tax calculator, which allows Illinoisans to enter their income to see how much their taxes would increase under this proposal.

The calculator uses the rate structure found in House Bill 3522, filed by state Rep. Robert Martwick, D-Chicago. This bill has been assigned to the Growth, Reform and Fairness Subcommittee, which is scheduled to meet today.

Democratic gubernatorial candidates and many Democratic state lawmakers are advocating for a constitutional amendment that would replace Illinois’ flat income tax with a progressive income tax. If that happens, state politicians would be able to set new, higher tax rates. Under HB 3522, income between $0 and $7,500 would be taxed at 4 percent. For income between $7,500 and $15,000, the rate would be 5.84 percent. For income between $15,000 and $225,000, the rate would be 6.27 percent. And for income over $225,000, the rate would be 7.65 percent. This increase would come on the heels of the 32 percent income tax hike enacted in July 2017.

The median family in Illinois with two kids, making $73,714 according to the U.S. Census Bureau, would see their income tax bill go up an additional $665 under this proposal. That’s on top of the $789 income tax increase this family faced after last summer’s record income tax hike.

Even the lowest paid public-school teacher in the state – making a base salary of $26,768 – would see his or her income taxes increase by $124, a 9 percent hike.

To calculate how much your taxes would go up under HB 3522, visit http://illin.is/progressivetax.

For bookings or interviews, contact Kayla Weems at media@illinoispolicy.org or (312) 346-5700.