What's next for a possible millionaire's tax in Illinois?

Millionaire tax push resumes in Chicago – Center Square

Former Illinois Gov. Pat Quinn and state Rep. LaShawn Ford filed ordinances Thursday for a non-binding referendum to be placed on Chicago ballots in the general election this November or in the citywide election next February, the next step in their campaign to raise taxes on people who earn more than $1 million, and the speaker of the Illinois House is on board.

What's next for a possible millionaire's tax in Illinois?

For nearly two decades, progressive politicians across government have been trying to "tax the rich" to help those who have less. It's a popular idea, in theory. Illinois voters have backed a non-binding referendum recommending a millionaire's tax two times in recent years. But, a constitutional amendment to enact real change has failed to garner [...]

Former Gov. Pat Quinn pushing 'Millionaire Amendment' to lower Illinois property taxes

Former Illinois Governor Pat Quinn says Illinois homeowners are paying some of the highest property taxes in the nation, and he believes a new tax on millionaires could help provide relief.