graduated income tax

Illinois has a dirty little secret buried in its tax history

By Benjamin VanMetre
01/02/2014
Illinois has a dirty little secret buried in its tax history – the first income tax approved in Illinois was a progressive tax. Fortunately, the progressive tax was ruled unconstitutional and was never implemented. But now the threat of a progressive tax hike is back again. Originally, Illinois didn’t have an income tax. When the...

TAGS: fair tax, flat tax, graduated income tax, income tax, progressive income tax, taxes

Illinois has fourth-largest portion of tax revenues coming from corporate income taxes in the nation

By Benjamin VanMetre
11/13/2013
Illinois’ corporate income tax rate is already the fourth-highest in the industrialized world. Yet some lawmakers want to push rates even higher. State Rep. Naomi Jakobsson, D-Champaign, wants swap out Illinois’ constitutionally protected flat rate income tax on corporations with a progressive income tax hike. And that would be on top of the fact that...

TAGS: corporate income tax, fair tax, flat tax, graduated income tax, Naomi Jakobsson, progressive income tax

Colorado voters defeat a progressive income tax hike

By Benjamin VanMetre
11/06/2013
On Nov. 5, Colorado voters defeated a progressive income tax increase by a two-to-one margin — more than 66 percent of the voters said no to higher taxes. Colorado’s Amendment 66 was a ballot initiative to swap out the state’s competitive flat rate income tax for a progressive income tax increase. Specifically, lawmakers wanted to...

TAGS: fair tax, flat tax, graduated income tax, income tax, progressive income tax

Illinois lawmakers who have signed anti-progressive tax resolution

By Jane McEnaney
10/18/2013
As the Illinois General Assembly heads back to Springfield for veto session next week, here is a quick look at what elected officials have signed on to the Illinois Policy Institute’s legislative efforts to prevent lawmakers from amending the state’s constitution to permit a progressive income tax hike, which would increase taxes on 85 percent...

TAGS: fair tax, flat tax, graduated income tax, ILGA: Illinois General Assembly, progressive income tax

Unmasking state Rep. Naomi Jakobsson’s agenda for higher taxes

By Benjamin VanMetre
10/04/2013
State Rep. Naomi Jakobsson, D-Urbana, penned a press release attempting to mask her agenda for higher taxes in Illinois and sell her progressive tax plan as something it isn’t. When it comes to her peers and opponents, Jakobsson suggests that arguments about a progressive income tax for Illinois need come with coherent policy arguments combined with facts....

TAGS: fair tax, graduated income tax, income tax, Naomi Jakobsson, progressive income tax

Progressive tax facts

By Benjamin VanMetre
09/09/2013
Several special interest groups and lawmakers in Illinois are pushing to increase taxes by swapping out the state’s constitutionally protected flat rate income tax for a progressive income tax. Advocates for higher income taxes try to disguise the tax hike as something it isn’t. Here are the facts on a progressive income tax: Thirty-one of...

TAGS: fair tax, flat tax, graduated income tax, income tax, progressive income tax