income http://peoriapublicradio.org en State graduated income tax effort fails http://peoriapublicradio.org/post/state-graduated-income-tax-effort-fails <div>Illinois will keep its flat income tax, despite an effort to move to a graduated one. Based on the General Assembly's schedule, the Senate would have had to pass the proposal Tuesday in order to meet a constitutional deadline. Instead, senators adjourned without a vote.</div><div> Wed, 30 Apr 2014 04:54:25 +0000 Illinois Public Radio 22573 at http://peoriapublicradio.org State graduated income tax effort fails District 150 would see $5.4M cut in state budget scenario http://peoriapublicradio.org/post/district-150-would-see-54m-cut-state-budget-scenario <div>New data suggests just how big a hit most school districts would take if Illinois' income tax rate rolls back as scheduled at the end of the year. &nbsp;That would mean a 10-percent cut in state funding for District 150:</div><p> Thu, 17 Apr 2014 00:36:32 +0000 Amanda Vinicky & Alex Rusciano 21890 at http://peoriapublicradio.org District 150 would see $5.4M cut in state budget scenario New report looks at IL income tax increase http://peoriapublicradio.org/post/new-report-looks-il-income-tax-increase <p>Opponents of Governor Pat Quinn's proposed income tax increase say it will chase jobs out of Illinois. A new report that challenges that assumption. &nbsp;</p><p> Mon, 07 Apr 2014 23:22:58 +0000 Hannah Meisel 21429 at http://peoriapublicradio.org New report looks at IL income tax increase IL lawmakers advance millionaire tax legislation http://peoriapublicradio.org/post/il-lawmakers-advance-millionaire-tax-legislation <div>A tax on millionaires is advancing through the General Assembly, at the expense of a progressive income tax. &nbsp;</div><p> Thu, 27 Mar 2014 20:06:46 +0000 Hannah Meisel 20905 at http://peoriapublicradio.org IL lawmakers advance millionaire tax legislation Quinn: keep income tax rate, give property tax breaks http://peoriapublicradio.org/post/quinn-keep-income-tax-rate-give-property-tax-breaks <div>Governor Pat Quinn Wednesday gave his annual budget speech. He is trying to sell a plan that keeps in place Illinois’ 5-percent income tax rate, but which will give homeowners a $500 annual break in property taxes:</div><div> Wed, 26 Mar 2014 18:24:36 +0000 Amanda Vinicky & Associated Press 20838 at http://peoriapublicradio.org Quinn: keep income tax rate, give property tax breaks Specifics on IL proposed progressive income tax http://peoriapublicradio.org/post/specifics-il-proposed-progressive-income-tax <div>Advocates have been moving for months to give Illinois a progressive income tax. Instead of the same flat rate for everyone, those who make more would pay more. Supporters are finally getting specific.</div><p> Wed, 26 Mar 2014 00:11:14 +0000 Hannah Meisel 20804 at http://peoriapublicradio.org Specifics on IL proposed progressive income tax Quinn not ruling out raising income tax http://peoriapublicradio.org/post/quinn-not-ruling-out-raising-income-tax <p></p><div>&nbsp;The last time he ran for governor, Pat Quinn embraced raising Illinois' income tax rate. &nbsp;He's not doing that this time around, though he's not ruling it out, either:</div><p> Thu, 24 Oct 2013 21:01:16 +0000 Amanda Vinicky 13912 at http://peoriapublicradio.org Quinn not ruling out raising income tax