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Graduated Rates Would Provide Tax Relief, Shrink Deficits, and Boost the Illinois Economy

New Study: State’s Current Flat Tax System Overcharges Middle Class, Strains Public Budgets

La Grange: If Illinois were to join 33 other states in adopting a “progressive” or “graduated-rate” income tax system, most residents would pay less in income taxes, property taxes could be reduced by 10%, the state could eliminate its structural deficit while increasing investments in education and infrastructure, and the economy would grow by as much as $8 billion per year.

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