October 14, 2020

WGLT: What To Know About Illinois’ Graduated Tax Amendment

media mention

Proponents of the amendment, including Pritzker, cite a breakdown which shows the bottom 20 percent of Illinois earners pay 14.4 percent of their total income to state and local taxes, while the top 1 percent of earners pay 7.4 percent of their income in taxes. That’s according to a report by the left-leaning Washington D.C.-based Institute on Taxation and Economic Policy. Read more