Bill introduced to again try for progressive income tax in Illinois

By Bryce Hill

02/17/2025

The Illinois Constitution currently requires income taxes to be imposed at a single, flat rate. A new bill filed in the Illinois General Assembly would allow for income to be taxed at varying rates, making it easier for lawmakers to raise rates.

TAGS: progressive income tax

‘Millionaire tax’ being backed by Illinois voters

By Patrick Andriesen

11/05/2024

The “millionaire tax” was being OK’d by Illinois voters, with 60.3% voting “yes” on the advisory question about raising taxes on residents earning over $1 million a year to fund property tax relief. The problem is, millionaires would not be the only tax targets.

TAGS: ILGA: Illinois General Assembly, progressive income tax, property taxes

Flashback: What Illinois lawmaker’s progressive tax plan looked like 5 years ago

By Bryce Hill

01/19/2023

Here's what the progressive tax looked like nearly five years ago when state lawmakers were pushing a plan to tax Illinoisans $3.6 billion more, starting with those making $17,300.

TAGS: fair tax, progressive income tax, taxes

Illinois state senator pushing progressive tax voters rejected

By Dylan Sharkey

01/18/2023

An Illinois state senator is reviving an effort to change Illinois’ income tax structure from a flat tax, even though voters soundly defeated the change in 2020. Expect higher taxes, retirement taxes if he gets his way.

TAGS: Illinois, progressive income tax

Feds use ‘fair tax’ methods, but Pritzker doesn’t like results

By Bryce Hill

03/24/2021

Despite pushing hard for a progressive state income tax, Gov. J.B. Pritzker criticized the impact of the same policy at the national level for what it means for Illinois.

TAGS: federal government, JB Pritzker, progressive income tax

Illinois House speaker unwilling to take voters’ ‘no’ on ‘fair tax’ for an answer

02/25/2021

Just more than three months after voters soundly rejected a progressive state income tax, new Illinois House Speaker Chris Welch is trying to revive the idea as a fix for state pensions. There is a better solution than the failed ‘fair tax’ scheme.

TAGS: Chris Welch, progressive income tax

Progressive income tax amendment heading for defeat

11/04/2020

Gov. J.B. Pritzker’s push for his “fair tax” is headed for rejection by Illinois voters. State lawmakers now must face the public pension debt driving the state’s fiscal crisis.

TAGS: fair tax, JB Pritzker, progressive income tax, Vote Yes for Fairness

‘Fair tax’ ads falsely promise property tax relief that income tax hikes can’t deliver

10/23/2020

Every state without an income tax has lower property taxes than Illinois. The progressive tax amendment includes no property tax reforms, so there’s no guarantee property taxes won’t rise as income taxes rise.

TAGS: JB Pritzker, progressive income tax, property taxes, Vote Yes for Fairness

Inflation ensures progressive tax hike will hit an increasing number of Illinoisans

By Joe Tabor

10/02/2020

Within 20 years the portion of Illinoisans hit with the progressive tax hike would grow by over 150% if the rate of inflation mirrored the past two decades.

TAGS: JB Pritzker, middle class, progressive income tax

Pritzker’s ‘fair tax’ makes city income taxes more likely

By Amy Korte

10/02/2020

If the Illinois Constitution is amended to allow different income tax rates, expect cities to try to impose their own income taxes.

TAGS: fair tax, JB Pritzker, progressive income tax