Statewide: The Graduated Income Tax – The Past And The Future

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As voters continue to cast ballots in Illinois, a key part of the state’s financial picture is being decided. A constitutional amendment that would swap Illinois’ flat income tax for a graduated tax, with a different rate for higher earners, is seen as a way to shore up Illinois’ budget. But how much would it help the state? And what happens if the proposal fails? We’ll have a discussion. We’ll hear about the brief time Illinois had a graduated tax and why that changed. Also, a reporting investigation has uncovered more details about COVID-19 outbreaks in Illinois – where they’ve occurred and some of the reasons why. That and more on this week’s Statewide.

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via Podcast | NPR Illinois https://ift.tt/2NuDstl

October 15, 2020 at 12:12PM

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