Graduated Income Tax
Gov. JB Pritzker and Democrats who control the state legislature have mostly shied away from renewing their graduated income tax push — all while managing to balance the books under the existing tax structure, largely thanks to a strong economy and federal aid in the years after the pandemic.
A bill that's advancing in Springfield would move Illinois from a flat income tax of 3.75 percent to a graduated system, where higher earners pay higher rates. Does the bill stand a chance of becoming law?
Joel Weisman and his panel of journalists discuss Ald. Joe Moore's call for a graduated city income tax to help solve Chicago's pension problems.