2/1/2024 0 Comments Illinois flat taxIn May 2019, the General Assembly passed a joint resolution (SJRCA0001) referring a constitutional amendment to the November ballot that would allow a graduated-rate income tax structure.Pritzker (D) has proposed sweeping changes to Illinois’ tax code, advocating a constitutional amendment to permit a graduated-rate income tax and proposing a new rate and bracket structure. The report has been updated to reflect the rates as adopted in Public Act 101-0008, which will take effect if a constitutional amendment is approved by voters on Election Day allowing a graduated-rate income tax. Pritzker’s “Fair Tax for Illinois” presentation, delivered on March 7, 2019. Note: This report was originally published on March 11, 2019, based on the information in Governor J.B.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |