![]() ![]() Illinois’ jobs outlook was already failing, but then COVID-19 restrictions hit women and minorities especially hard. ![]() It would also open the door for lawmakers to start taxing retirees.īut potentially the most devastating would be the impact of new taxation on jobs and an economy beginning to recover from COVID-19 restrictions. It would allow them to add “ surcharges,” essentially double or triple taxing the same $1 earned for special spending, such as pensions. Pritzker would remove that protection and give state lawmakers the power to impose tax rates by simple majority vote on different groups at different rates. The Illinois Constitution currently treats all taxpayers the same under a flat tax. 3 to trust Illinois state lawmakers with greater power to decide who gets taxed how much and how often. Pritzker calls his $3.7 billion income tax hike a “fair tax.” But opponents have criticized the constitutional amendment as a blank check for House Speaker Mike Madigan and other state lawmakers, courtesy of Illinois taxpayers. ![]() What Illinoisans need to know about the progressive income tax ![]()
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