While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Rock Island County could see a tax hike under the income tax models praised by Illinois Gov. Pritzker.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Decatur could see a tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
An amendment to scrap Illinois’ constitutional flat tax protection is gaining sponsors in the Illinois Senate. Lawmakers have refused to discuss rates since those details killed the last progressive tax attempt.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Kane County could see a significant tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Arlington Heights would see a massive tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.