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Illinois Income Tax

Saturday, April 13, 2013

Patch on Politics

Income Taxes Leave You Feeling Flat?

State legislature may consider whether to move to a graduated income tax rate, meaning those who earn more would pay more.

Did the tax man take a big bite out of your wallet this month? With tax season almost behind us, let's take a look at an issue before the state legislature — should Illinois switch from a flat income tax rate to a graduated rate? The last year Illinoisans escaped paying income tax to the state was 1969. Just seven states still collect no income tax. Thirty-four states use the graduated income tax system, while eight others join Illinois in imposing one rate on all. Our friends at Reboot Illinois put together a graphic look at various aspects of the flat tax vs. graduated tax debate, excerpted here on Patch.  Check out the full graphic at RebootIllinois.com. Want to know more? This article is posted throughout the Chicago-area Patch network…

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Dennis Robaugh

8:58 pm on Thursday, April 25, 2013

Comments on this article are now closed. Much appreciation to everyone who made interesting points on the flat tax vs. the progressive tax. And thank you, BUTCH, for sending the conversation down a path that ultimately led us to close the comments for everyone.   more ›

Saturday, November 24, 2012

Patch on Politics

One Republican Thinks You're Getting a 'Free Ride' on Your Income Taxes

Jim Edgar tells Reboot Illinois that tax hikes, program cuts and leadership are desperately needed in Springfield. And Pat Quinn brings you Squeezy the Python.

With Democrats now holding a supermajority in the Illinois House and Senate as well as the governor's office, one might suppose a Democratic agenda would be a slam dunk in Springfield. As recent years have shown, however, single-party control doesn't guarantee the wheels of government grind smoothly. And former Gov. Jim Edgar, who served from 1991 to 1999, suggests that probably won't change anytime soon. In a wide-ranging interview with the new website Reboot Illinois, Edgar says Springfield is less dysfunctional when the two parties share power. "More times than not I think split government works pretty well. The reason is to make the tough decisions you need both parties. It’s hard to get one party to put up all the votes and take all …

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Fed Up

2:45 pm on Friday, December 7, 2012

What REAL world are your talking about? Like time of welfare? We all chose our professions and planed accordingly. Now we should change the rules? Here's a start NO FOOD STAMPS aka:LINK cards, NO UNEMPLOYMENT, NO WELFARE, NO SUBSIDIZED HOUSING, you the picture. No my pension in not controlled by the state, but to say get rid of all pensions now. I would agree to that if I had not been investing …   more ›

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