CHICAGO -- Replacing Illinois' flat income tax rate with graduated rates would not be a cure-all for the state’s battered fiscal condition, market participants said. Though such a change could ...

The specter of a tax on retirement benefits in Illinois being raised by opponents of a proposed graduated-rate income tax amendment has prompted an outcry from leading seniors’ groups that are ...

He added, “There will be cuts. And they will be painful.” Incomplete results Wednesday afternoon showed 55.1% of Illinoisans voted against the graduated income tax amendment and 44.9% voted ...

In a devious bit of campaign strategy in the final weeks of the 2020 campaign, opponents of graduated state income tax rates have driven the third rail of Illinois politics straight into the ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Pennsylvania needs fewer school districts and a graduated-income tax table that is based on the ability of the taxpayers to pay. 39 states already have this tax, and only North Dakota has a top ...

The referenced Illinois Fair Tax plan was a 2020 bill that proposed Illinois's adoption of a graduated income tax system, that would have sought to increase taxes on corporations and on those ...

In Pennsylvania, all taxpayers pay the same tax rate on their taxable incomes. However, all of our neighboring states and the federal government use a graduated income tax schedule for their ...