News

General Assembly Kicking the Tires on Tax Proposals

General Assembly Kicking the Tires on Tax Proposals

Photo: Newsradio WTAX

A senator who wants Illinois to switch from a flat income tax to a graduated income tax – in which higher earners pay at a higher rate – says a new television spot against the idea is untruthful.

State Sen. Don Harmon (D-Oak Park) says Americans for Prosperity has no grounds to say an Illinois proposal would raise taxes on 85 percent of the state’s taxpayers. “That’s ridiculous,” Harmon complained. “There are no tax rates proposed” yet.

“The Center for Tax and Budget Accountability proposal would raise taxes from 3.75 to 5 percent for anyone making (as little as) $5,000,” said David From, Illinois state director for Americans for Prosperity.

“Any proposal that I will support would lower the taxes for, I would expect, 85 or 90 percent of the residents,” Harmon said.

“If they introduce legislation which puts forth what they think the right rates are, in an honest way, we’d use those” to evaluate it,” From said.

Recent Headlines

in Entertainment, Sports

The best #ChevyGuy tweets from the World Series

Fresh
bumgarner1

World Series MVP Madison Bumgarner was awarded a new truck with "technology and stuff" by a very nervous Chevy employee and Twitter took notice.

in Music

Metallica to play late-night residency

Fresh
metallica

The rockers have booked a week-long gig on Craig Ferguson's "The Late Late Show."

in Entertainment, Viral Videos

WATCH: Ice Cube teaches Elmo a new word

Fresh
11-overlay2

There was a time when parents would have freaked out to hear their kids were learning words from Ice Cube.