PROGRESSIVE INCOME TAX-OPPOSE
Illinois State Senate resolution opposes adopting a progressive income tax system, backing the current flat tax structure.
Illinois State Senate resolution opposes adopting a progressive income tax system, backing the current flat tax structure.
SR 114 is a resolution expressing opposition to implementing a progressive income tax system in Illinois. The bill represents a legislative stance against replacing the state's current flat income tax structure with a graduated tax system where rates increase based on income level. This resolution does not create law but serves as an official position statement from the Illinois State Senate.
Illinois has debated progressive taxation for years as a potential solution to budget challenges and income inequality concerns. The state's current 4.95% flat tax rate applies equally to all earners regardless of income level. A progressive system would fundamentally reshape state revenue collection and have significant implications for both high-income taxpayers and state funding for services.
Compiled from official sources — confirm details with the bill’s official record.
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