Passed out the Senate Executive Committee subcommittee on Constitutional Amendments on a 2-1 vote last Thursday was SJRCA40. (That stands for Senate Joint Resolution Constitutional Amendment 40. You can find the details here.)
Here is the synopsis of the legislation:
Proposes to amend the Revenue Article of the Illinois Constitution.
Removes a provision that provides that a tax on income shall be measured at a non-graduated rate.
Provides that there may be one tax on the income of individuals and corporations, that this may be a fair tax where lower rates apply to lower income levels and higher rates apply to higher income levels, and that no government other than the State may impose a tax on or measured by income.
Effective upon being declared adopted.
The actual language is below (the new language replaces the crossed out language):
10 | ARTICLE IX |
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11 | REVENUE |
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12 | (ILCON Art. IX, Sec. 3) |
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13 | SECTION 3. LIMITATIONS ON INCOME TAXATION |
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14 | (a) There may be one tax on the income of individuals and |
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15 | corporations. This may be a fair tax where lower rates apply to |
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16 | lower income levels and higher rates apply to higher income |
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17 | levels. No government other than the State may impose a tax on |
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18 | or measured by income. A tax on or measured by income shall be |
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19 | at a non-graduated rate. At any one time there may be no more |
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20 | than one such tax imposed by the State for State purposes on |
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21 | individuals and one such tax so imposed on corporations. In any |
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22 | such tax imposed upon corporations the rate shall not exceed |
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23 | the rate imposed on individuals by more than a ratio of 8 to 5. |
The proposal basically gives a blank check to the Illinois legislature to pass any income tax law the Democrats desire.
And, since the Constitutional Amendment would be effective immediately, even if Pat Quinn lost the Governor’s race, he could sign a new tax code before he left office.
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Thanks to Ron Brzoska of Waking America Up Blog and Peoria Watch‘s Merle Widmer for sending me his article.
**The proposal basically gives a blank check to the Illinois legislature to pass any income tax law the Democrats desire.**
The General Assembly already has a blank check to write income tax law.
They only difference is that right now, the rate needs to be the same for all personal taxpayers.
Under this new proposal, the General Assembly would be able to implement lower rates for lower incomes and higher rates for higher incomes, just like 34 other states and the federal government do.
Only 9 states have a flat income tax structure.
This concept is overwhelmingly supported by the public, and it is a better, more sustainable public policy to fund state government.
The corresponding rate proposal with this would mean that 94% over taxpayers (everyone making less than $205,000) would pay less in taxes than they are paying now.
Of course, any proposed law can be changed by any future legislature.
The Constitution is harder to change.
Of course… and they can already change tax law now.
The Democrat party = The Communist Party