NO Progressive Tax Campaign
What does IFB Policy say about the Progressive Income Tax?
IFB POLICY SUPPORTS: A moderate, flat rate state income tax
IFB POLICY OPPOSES: The creation of progressive income tax rate structure.
"Our policy has been vetted by you, the members, as a fair way to tax the citizens of Illinois...Don’t let the state try and fix a financial mess by creating yet another financial burden on the citizens of Illinois."
-Brian Duncan, IFB Vice President, Resolutions Committee Chairman
See highlights from the kick-off event that took place at Reichert Farm on July 7, 2020.
Read the Facts
- If approved, the individual progressive income tax rate on the highest earners could be increased to 7.99% - a 60% increase in taxes from the current level.
- Illinois already has 2nd highest property tax in the nation, highest sales tax rate in the Midwest, and highest wireless tax in the nation.
- Tax rates can easily be changed each legislative session on innumerable number of arbitrary set tax brackets.
The Constitutional Amendment question on the ballot will simply read:
YES / NO For the proposed amendment of Section 3 of Article IX of the Illinois Constitution.
A "yes" vote supports repealing the state's constitutional requirement that the state personal income tax be a flat rate and instead allow the state to enact legislation for a graduated income tax.
A "no" vote opposes this constitutional amendment, thus continuing to require that the state personal income tax be a flat rate and prohibit a graduated income tax.
Should the Constitutional Amendment pass, the progressive income tax structure that would take effect on January 1, 2021, would be as follows:
Get your "Vote NO on the Progressive Tax" yard sign; contact your County Farm Bureau office.