Updated Monday, January 28th, 2013 at 8:37 pm
On Jan 9th, State Representative Naomi Jakobsson filed a bill that would give Illinois voters an opportunity to amend Illinois’ tax code and pave the way for a graduated income tax.Linda Chapa LaVia added her name as a co-sponsor to the bill.
The bill, HJRCA 0002 would amend the Illinois Constitution and allow for a graduated income tax. Please take a minute to sign our petition to Representatives Jakobsson and Chapa LaVia.
Proposes to amend the Revenue Article of the Illinois Constitution. Provides that individual income taxes may be at a graduated or a non-graduated rate. Provides that any such tax imposed on corporations shall be at a non-graduated rate, not to exceed the average of the lowest and highest individual rates by more than a ratio of 8 to 5. Effective upon being declared adopted.
If the bill passes the general assembly, Illinois voters would have to approve of the measure by voting “yes” on the November 2014 ballot before it went into law.