NO Progressive Tax Campaign

Vote no on the progressive tax

 

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

 


LEARN MORE

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:

Progressive Income Tax Structure
Note: For Single Filers earning over $750,000 and for Joint Filers earning over $1,000,000, the 7.99% is a flat rate applied to the entire income. For all other filers, each tax rate applies only to earnings that fall between the associated bracket range.


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Show Your Support

 

Get your "Vote NO on the Progressive Tax" yard sign; contact your County Farm Bureau office.

 

 

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Voter Information

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