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Views differ on Pritzker’s graduated tax-dependent budget plan Views differ on Pritzker’s graduated tax-dependent budget plan

Views differ on Pritzker’s graduated tax-dependent budget plan

Illinois’ chief fiscal and investment officers lauded the economic opportunities afforded if voters approve Gov. JB Pritzker’s “fair tax” proposal in November.

But several Republican lawmakers said they objected to the governor’s plan, outlined in his annual budget address Wednesday, to cut spending in several key areas if the constitutional amendment fails to pass.

Pritzker paints two budget pictures: One with graduated tax, one without Pritzker paints two budget pictures: One with graduated tax, one without

Pritzker paints two budget pictures: One with graduated tax, one without

Gov. JB Pritzker has tied his second-year state budget proposal to the unfinished marquee policy initiative of his first year – a constitutional amendment that allows the state to impose higher income tax rates on higher income earners. If voters approve that graduated income tax initiative in the November general election, Pritzker is asking for a roughly $1.6 billion increase in...
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