December 3, 2019
The battle of getting fair tax is on in Illinois. JB Pritzker, the governor of Illinois, said last March that the current flat tax of the state was regressive. The percentage of the same income had detrimental impacts on people earning $50000 or less per year. The taxpayers having high disposable income per month will not have many detrimental effects over the same percentage of income.
Pritzker said that people having higher incomes would pay more taxes. It will add more than $3 billion in additional tax revenue.
Source: Chicago Morning Star