Democrats' Tax Change Proposal Sets Stage for 2014 Battle
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.
See other LocalNews news:Advocates Fear Chaos After Rauner Home Health Care Ruling
Report: Laws Holding Back Juveniles with Criminal Records
Judge: Man Suing Hastert Can Remain Anonymous for Now
Large Crowd Packs Second Salvation Army Chicken Giveaway
Salem Township Hospital To Make Changes to Try and Increase Number of Inpatients