Fair tax passes General Assembly, goes to ballot
The Illinois General Assembly is giving voters the opportunity to choose a fair state tax system in the 2020 general election. On Memorial Day, the fair tax amendment (SJRCA1) passed the state House with the required three-fifths vote after passing the Senate on May 1.
Under the fair tax plan, 97% of taxpayers will get a tax cut, while the rich—those making more than a quarter-million dollars a year—will finally begin to pay their fair share. This will raise more than $3 billion a year to fund schools and universities, public services, local governments, infrastructure and pay the state’s bills.
Defenders of the wealthy elite like the Illinois Policy Institute tried but failed to block this critically important reform.
The question will now go before voters in a November 2020 ballot measure.