Illinois Lawmakers Thumb Noses at Constitution to Impose New Taxes – Wirepoints
June 9, 2026
8 Comments
A mess of uncertainty and litigation is sure to follow.
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With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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Good grief. Trying to live on $15K a year and having to pay taxes on that too.
This is copied directly from HB3522, AKA the Friendly Act. It died, but this is the type of future you can expect under Jelly Belly Pritzker. “Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2018, the rate of tax for individuals, trusts, and estates shall be: (1) 4% of the portion of the taxpayer’s net income from $0 to $7,500; (2) 5.84% of the portion of the taxpayer’s net income exceeding $7,500 but not exceeding $15,000; (3) 6.27% of the portion of the taxpayer’s net income exceeding $15,000 but not exceeding… Read more »
I think that Pritzker’s progressive income tax plan will help the middle class if you define the middle class as those barely above the poverty level. I hope Pritzker and others understand that if you raise income taxes on most of the middle class, that’ll accelerate the migration out of IL.