Top Illinois taxpayers could pay close to 60 percent marginal income tax rates under Biden tax plan, state progressive income tax change – Center Square

“Your top marginal all-in state and federal rates can reach 44.3 percent,” Tax Foundation’s Jared Walczak said of the way it is now on a federal and state level with no changes. “Pretty high, but that’s where we are right now.”
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Poor Taxpayer
5 years ago

No they won’t. Get ready to see them leave in large numbers.
Pension Greed destroys, now Illinois will get nothing.
Remember what ever is the worst possible solution government always takes.
The money will be made up by the poor honest hard working taxpayer and their families.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE