The measure that seeks to eliminate Colorado’s flat rate in favor of a graduated income tax contains a dozen brackets, with the highest levels set to accrue tens of thousands more in liabilities, ...

There are signs, however, that the state’s chronic fiscal challenges are reemerging and likely to be exacerbated by federal ...

Ken Griffin, Illinois’ richest person and the founder and CEO of the Citadel investment firm, has donated $20 million to a business group fighting Democratic Gov. J.B. Pritzker’s push for voters to ...

CHICAGO (WLS) -- Illinoisans voted on changing the state constitution to move from a flat tax to a graduated income tax, where the wealthy pay more, Tuesday, and Republicans claimed victory. As of ...

Even though voters rejected this proposal just a few years ago, the graduated income tax refuses to die in Springfield. It’s the same playbook as before. Step 1: Change the state constitution. The ...

ROCK ISLAND -- The Rock Island County Board on Wednesday threw its weight behind the campaign to introduce a graduated state income tax in Illinois. Illinois is one of a handful of states with a flat ...

SPRINGFIELD – Conditional graduated tax rates and a pair of bills aimed at addressing Illinois’ high property tax costs passed the General Assembly on Friday and will head to the governor. The ...

The trend toward flat personal income tax rates has accelerated over the past few years, with eight states switching to a flat tax since 2023 (including Kansas and Ohio, which will have flat rates ...

ROCK ISLAND -- Local unions, city officials and state representatives are throwing their weight behind a campaign to introduce a graduated income tax in Illinois. Illinois is one of nine states that ...