A graduated income tax system, sometimes called a progressive tax, assesses wealthier individuals at a higher rate. Illinois now taxes everyone's income at 4.95 percent.
Morrison said she'd support asking voters to approve amending the Illinois Constitution to create a graduated income tax system, but only if the income brackets were defined ahead of time. Davie opposes the concept entirely...."
"...Davie, the vice chairman of a sports marketing company and the co-founder of an early-stage business advisory firm, is staunchly against a graduated income tax.
"We're the most taxed state," he said.
Davie criticized legislative leaders for "resisting all fiscal reforms," for not reforming the pension system and for seeking to balance budgets with tax increases and cuts to human services programs..." [Read the full article here]