Tag Archives: graduated income tax
Make a Difference: Vote Your Opinion on Illinois’ 3 Ballot Initiatives
When Illinois voters make their candidate selections on the November 5, 2024, election ballot, they will also be asked their opinions on three advisory questions:
Posted in Federal, Illinois Politics
Tagged 2024 election, Abortion, Ask a Franciscan, ballot, Dr. Al Mohler, election, election fraud, election interference, Flat Tax, graduated income tax, HB 4827, Illinois Constitution, In Vitro Fertilization, Kevin Olickal, Pat McCloskey, Pro-Life, referendum, SB 2412, Southern Baptist Theological Seminary, Voter integrity, Voting
Comments Off on Make a Difference: Vote Your Opinion on Illinois’ 3 Ballot Initiatives
The Push for a Graduated Income Tax as Illinois Hurtles Towards the Abyss
If Governor J.B. Pritzker has his way, Illinois will institute a graduated income tax to replace its flat 4.95 percent tax rate. The governor claims that increasing the tax rate will generate billions in new revenue while only raising taxes on the wealthiest 3 percent of taxpayers with income of more than $250,000.
Before legislators can consider the proposal, however, voters must first pass a referendum that removes language in the state constitution mandating a flat income tax rate. They face an uphill battle: though Democrats control the Illinois General Assembly, the rules require that the referendum for a state …
Posted in Illinois Politics
Tagged Commission on Government Forecasting and Accountability, graduated income tax, Illinois Pension Systems, J.B. Pritzker, PolitiFact Illinois, Think Big Illinois, unfunded liabilities
Comments Off on The Push for a Graduated Income Tax as Illinois Hurtles Towards the Abyss
