News

“Millionaires Tax” Ballot Initiative Heads to Governor

“Millionaires Tax” Ballot Initiative Heads to Governor

Photo: clipart.com

An Illinois Senate committee has advanced a plan that will allow the so-called millionaire’s tax question to be on the November ballot.

The Senate Executive Committee approved a non-binding resolution asking voters if the Illinois Constitution should be amended to add a 3 percent surcharge to annual incomes of more than $1 million. The idea is to generate money for education.

Proponents say the initiative will help build support for the proposal in the Illinois Legislature next year. But Republicans raised concerns about it being a measure to simply drive voter turnout.  An effort for the tax failed earlier in the year.

Recent Headlines

in Local

Champaign Leads Illinois Cities in 5-Year Growth

Champaign

Decatur had drop in population.

in Local

General Assembly to Get Going on Rauner’s Bills

Illinois General Assembly

Several bills coming out of the governor's office are on Rauner's "Turnaround Agenda".

in Local

Special Election Candidate Says Raise in Gas Tax Isn’t the Way to Go

Mike Flynn

Mike Flynn says there are alternatives to raising gas tax in order to fund the Highway Trust Fund.

in Local

“Workers Comp Reform” Fails in Illinois House

illinois house

The Illinois House closed out the week with Democrats taking another whack at the governor's "Turnaround Agenda."

in Local

New University of Illinois President Visits UIS

5-22-15 timothy kileen

New University of Illinois president Timothy Killeen is reacting to published reports suggesting that community college and university presidents get some pretty expensive perks.