Tuesday, November 26, 2013

Replace the Flat Tax in Illinois NOW

States use two income tax models—a “flat” tax and a “fair” tax. Under a flat tax, the same tax rate applies to everyone, regardless of his or her income. Under a fair tax, taxpayers with lower incomes pay lower rates and taxpayers with higher incomes pay higher rates. The Illinois Constitution mandates that Illinois have a flat income tax.
A Better Illinois is a growing coalition of over 100 organizations that are working together to amend the Illinois Constitution to permit a fair income tax.
Illinois’s flat tax is an outlier when you look at the rest of the country. Of the 43 states with individual income taxes, 34 have a fair tax and only 9 have a flat tax. Even fewer—just 3—are mandated to have a flat tax by their state constitution. READ MORE

Thanks to Ken Kuchar for alerting us to this post on his Facebook account. If you haven't yet, please become our DuPage Dems friend on Facebook today!

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