Illinois Chamber opposes a graduated income tax - by Doug Whitley, President and CEO, Illinois Chamber of Commerce



From Reboot Illinois:

At its June 26th Board of Directors meeting, the Illinois Chamber Board voted unanimously to oppose a graduated income tax for Illinois.

You'll be hearing a lot more about this topic in the coming year -- proponents will be doing everything they can to convince you -- the citizens of Illinois -- to vote "yes" for a Constitutional Amendment that would, for the first time in our state's history, permit the Illinois General Assembly to impose a graduated income tax.

The November 2014 general election will be the last opportunity to pass a Constitutional Amendment authorizing a change in tax structure before the temporary income tax rate increases enacted in January 2011 begin to roll back.

Read the full story.