graduated income tax

After suffering a political defeat as Illinois “Fair Tax Amendment” was rejected by voters on Tuesday, Gov. J.B. Pritzker laid out some of the “painful” steps the state may have to take in order to move forward from that loss. Mary Ann Ahern reports.

The committee pushing for the proposal on every ballot in Illinois to change the state’s income tax from a flat rate to a graduated tax conceded defeat early Wednesday morning, as the vote trailed by a 10-point margin.

Gov. J.B. Pritzker said he is optimistic about the results of Illinois’ potential graduated income tax amendment seen on ballots across the state this election.

There’s one major question that will appear on every ballot in Illinois this year that could impact your bank account: a vote to change the state’s income tax from a flat rate to a graduated tax.

Politicians in Illinois have expressed contrasting views on the new graduated income tax amendment voters are seeing on ballots in the 2020 election, primarily conveying opinions through political advertisements. NBC 5’s Carol Marin reports.

During a press conference Wednesday afternoon, Illinois Gov. J.B. Pritzker deflected questions about why his cousin, billionaire Jennifer Pritzker, contributed a half million dollars to the group hoping to stop the Graduated Income Tax amendment on this year’s ballot. NBC 5’s Mary Ann Ahern reports.

During a press conference Wednesday afternoon, Illinois Gov. J.B. Pritzker deflected questions about why his cousin, billionaire Jennifer Pritzker, contributed a half million dollars to the group hoping to stop the Graduated Income Tax amendment on this year’s ballot. The governor has donated $56 million of his own fortune for ads supporting the proposal to shift from the current...

The battle to change Illinois from a flat to a graduated income tax structure has turned into a family affair.

The Illinois Policy Institute has filed a lawsuit over Illinois’ Graduated Income Tax proposal, saying language in the Constitutional Amendment is misleading and the new tax would open the door to taxing retirement income. NBC 5’s Mary Ann Ahern has the story.

A lawsuit filed this week by the Illinois Policy Institute and others over the Graduated Income Tax proposal set to be on voters’ ballots this election did not receive the emergency relief it was looking for. The group’s request for a temporary restraining order was denied Friday, but the lawsuit is not dead. The institute says language in the...

With Election Day less than one month away, a new controversy surrounds one of the biggest issues on Illinois’ ballot.

A group aligned with the Republican Party filed a lawsuit Monday challenging the language of a proposed Illinois constitutional amendment that creates a graduated-rate income tax. NBC 5’s Mary Ann Ahern has all the details on the suit, and what it could mean for the fate of the bill.

There’s one major question that will appear on every ballot in Illinois this year that could impact your bank account: a vote to change the state’s income tax from a flat rate to a graduated tax.

Illinois Lt. Gov. Juliana Stratton warned Thursday that if voters do not approve the constitutional amendment on the November ballot to shift from a flat to a graduated income tax, all residents of the state could see an income tax hike of at least 20%. But some call that a threat to scare people into a constitutional amendment. NBC 5’s...

Illinois Lt. Gov. Juliana Stratton warned Thursday that if voters do not approve the constitutional amendment on the November ballot to shift from a flat to a graduated income tax, all residents of the state could see an income tax hike of at least 20%.

With the fate of Gov. J.B. Pritzker’s graduated income tax program in the voters’ hands, the governor is spending more than $56 million of his own money to drum up support in the form of a new ad campaign. Come Nov. 3, voters will weigh in on a state constitutional amendment allowing a graduated tax structure, which Pritzker has called...

With the fate of Gov. J.B. Pritzker’s graduated income tax program in the voters’ hands, the governor is spending more than $56 million of his own money to drum up support in the form of a new ad campaign. NBC 5’s Mary Ann Ahern reports