Millionaire tax backed by Illinois voters in threat to Chicago

Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort to raise taxes on the state's highest earners.

Nov 7, 2024 - 05:00
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Millionaire tax backed by Illinois voters in threat to Chicago
Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort to raise taxes on the state's highest earners.