As examples of the type of progressive tax plan he would like to see in Illinois, J.B. Pritzker pointed to other Midwestern states. But imposing those income tax rates would raise taxes on the median Illinois family.
One progressive tax proposal filed in the Illinois House of Representatives would hike income taxes on Illinoisans earning as little as $17,300 a year.
States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.
Advocates for a progressive income tax claim to offer relief for middle-class families. But that doesn’t jive with real proposals in Springfield or lawmakers’ spending habits.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.