A Fair Tax for Illinois: A matter of economic justice for all our people
A Fair Tax is a graduated income tax structure that allows low- and middle-income families to pay a smaller percentage of their income in state taxes, while taxing wealthier income holders at a higher rate. Our federal income tax is an example of a graduated schedule. Most other states have a graduated tax structure. A graduated income tax would support the economic wellbeing of working families in Illinois while raising much-needed revenue to fund essential state services.
A Fair Tax represents relief for working families. Under Illinois’ current flat tax (the same percentage for everyone), wealthier residents pay a much smaller percentage of their income in state taxes than do low- and middle-income families. Furthermore, it's because of loopholes and other regressive taxes (like sales taxes) that people with lower incomes end up paying nearly twice the percentage of their income on taxes as people with higher incomes.
A Fair Tax represents significant revenue to pay our chronically overdue bills More revenue is needed in order to put Illinois on a path to fiscal health.
A Fair Tax would raise significant revenue to fund our schools and social services. A more just tax system is long overdue. More info HERE. And HERE’s Governor Pritzker’s Fair Tax calculator for your family:
Click HERE to urge your legislator to support this change so vital for our state economy.
Partnering with the Responsible Budget Coalition and the Community Renewal Society