01/09/2026 | News release | Distributed by Public on 01/09/2026 11:38
WATCH: Illinois lawmakers are once again pushing to scrap the state's flat income tax and replace it with a progressive tax system voters overwhelmingly rejected in 2020. This Inside Track video breaks down why the flat tax protects retirees, small businesses, and family farms - and why Springfield wants more taxing power. Illinois doesn't have a revenue problem - it has a spending problem.
Since 2020, Illinois' budget has grown nearly 40%, fueled by temporary federal COVID money that lawmakers made permanent. Now, instead of controlling spending, politicians are reviving the same progressive income tax scheme voters rejected by more than 375,000 votes.
Back in 2020, the so-called "Fair Tax" promised property tax relief and higher taxes only on the wealthy. In reality, Pritzker's plan would have imposed a 47% tax hike on over 100,000 small businesses, and state officials admitted retirees would be next.
This video explains:
Why voters were right to reject the Fair Tax amendment Illinois already has:
Yet the flat income tax at 4.95% remains one of the few things Illinois does right - predictable, transparent, and honest. If Springfield wants a better future, it doesn't need a new tax system. It needs spending discipline.
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