fair tax

Deadline Missed
9:17 pm
Tue April 29, 2014

Illinois Keeps Its Flat Tax, As Graduated Tax Plan Dies

Sen. Don Harmon, D-Oak Park
Credit ILGA.gov

Illinois will keep its flat income tax, despite an effort to move to a graduated one.

Based on the General Assembly's schedule, the Senate would have had to pass the proposal Tuesday in order to meet a constitutional deadline.

Instead, senators adjourned without a vote.

The measure's sponsor, Senator Don Harmon, D-Oak Park, sticks by the plan.

He says would allow Illinois to be nimble with tax policy.

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Graduated income tax
11:58 am
Thu April 24, 2014

Madigan: Vote Count Low For Graduated Tax

House Speaker Michael Madigan (D-Chicago)

  Time is running out on a push for a graduated income tax income tax in Illinois and it remains to be seen whether a key legislative leader supports the plan.

Backers of the graduated tax say it's more fair than Illinois' current flat tax, because people who earn more can afford to pay more.

But enacting that requires changing the state constitution. Voters would have the final say at the ballot in November, but they won't even be asked if lawmakers don't approve it first.

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