The 2019 Spring Legislative Session officially concluded Sunday, June 2. Here are highlights from the successful bulk of reforms: Passed progressive income tax amendment to be put on the 2020 ballot. Passage of referendum in 2020 will create a graduated income tax structure in which single and joint earners earning at or above $250,000 will … Continue reading 2019 Legislative Session Review
Why Democrats should still fight for a gradual income tax
The recent gubernatorial debates have many deliberating the benefits, costs and political viability of a graduated income tax for the state of Illinois. A little background. SJRCA 1 would have amended the Illinois Constitution to allow the General Assembly to establish a gradual income tax. Currently, the Illinois Constitution states that “a tax on or measured … Continue reading Why Democrats should still fight for a gradual income tax