graduated income tax

Illinois
5:09 am
Fri April 4, 2014

Graduated Income Tax Proposal Gains Traction

Credit state of Illinois

Advocates for a graduated income tax are making gains in the Illinois General Assembly. A Senate panel passed it out of committee. That plan appears to be gaining some support in the House, even after a different version of a graduated tax was nixed last week by a committee. Opponents say the proposal is bad for the business climate. Todd Maisch, with the Illinois Chamber of Commerce, points to Illinois' high unemployment rate.  He says individuals and small businesses in a position to create jobs would be taxed out of the market.

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Illinois
5:05 am
Wed March 26, 2014

Lawmaker Calls For Graduated Income Tax

Senator Don Harmon
Credit ilga.gov

Advocates have been moving for months to give Illinois a progressive income tax. Instead of the same flat rate for everyone, those who make more would pay more.

Backers of the plan argue most Illinoisans would get a tax cut.

Senator Don Harmon, a Democrat from Oak Park, says this provides the state a new choice, instead of extending the 2011 income tax hike or making deep cuts to services.

"We can continue an unfair, regressive tax at 5 percent, or we can cut government services, the services upon which folks rely by 20 percent across-the-board," Harmon said.

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Politics
5:04 am
Wed June 27, 2012

Think tank urges Illinois constitutional change for fairer tax

Center for Tax and Budget Accountability executive director Ralph Martire talks taxes at the Unitarian Universalist Church in Rockford.
Jacqui Stephens WNIJ

The leader of a not-for-profit think tank says now is the time for Illinois citizens to push their legislators toward a more fair tax system.

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