Vote Yes For Fairness led the campaign in support of the constitutional amendment. Who was behind the campaigns surrounding the ballot measure? See also: Campaign finance The state with the highest top-bracket rate-and the largest difference between the bottom and top rates-was California, where the bottom rate was 1.00% and the top rate was 13.30%. Compared to 2019 tax rates, Illinois would have had the sixth-highest top-bracket rate. Under Illinois SB 687, the proposed tax rates would have ranged from 4.75% to 7.99%. Most (32 of 50) states had a graduated income tax, with different rates applied to different levels of income. Tennessee's income tax was scheduled to be reduced to 1.00% in 2020 and to be repealed entirely in 2021. The flat income tax rates ranged from 2.00% in Tennessee to 5.25% in North Carolina. In Illinois, income was taxed at a flat rate of 4.95%. Of these 43 states, 11 states, including Illinois, had a flat income tax rate, meaning there is a constant rate across income before deductions and exemptions. How would Illinois have compared to other states? See also: Comparison of state income tax structuresĪs of 2019, 43 states levied a tax on personal income. ![]() You can view the proposed tax brackets and rates here. SB 687 would have changed the state's income tax from a flat rate to six graduated rates beginning on January 1, 2021. Pritzker (D) signed SB 687, which would have enacted a graduated income tax if voters approved the ballot measure. Instead, the ballot measure would have allowed the state to enact legislation for a graduated income tax. The ballot measure would have repealed the state's constitutional requirement that the state's personal income tax is a flat rate across income. Overview What would the ballot measure have changed about the state income tax? Illinois Allow for Graduated Income Tax Amendment (2020) ![]()
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