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IL Dems Push For "Progressive" Tax

Mon, 22 Jul 2013 08:51:42 CDT
By: AP

Influential Democrats in Springfield are pushing for a change to Illinois' income tax that could become a contentious issue in next year's elections. The proposal is for Illinois to adopt a graduated or "progressive" tax, instead of extending a temporary increase in the current flat tax or letting that increase expire. Under a graduated tax, higher earners pay a larger percentage of their income than middle and lower-class taxpayers. Democrats say it's fairer, and that a majority of Illinoisans would get a tax cut. But Republicans say it's a tax hike in disguise that will drive out jobs. Illinois' Constitution currently requires a flat income tax. Changing it would require a three-fifths vote in the Legislature and approval by voters. Supporters hope it will be on the November 2014 ballot.

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