What Might the Progressive Tax Do for Illinois Property Taxes?

Those arguing for and against a change from the Flat Tax to the Progressive Tax are now bringing property taxes into that conversation. Governor J.B Pritzker believes the Progressive Tax will bring in enough new revenue in Illinois as to raise funding for schools which could then lower property taxes. Those opposed to the Progressive tax say there is nothing in the Progressive tax proposal that would guarantee lower property taxes… 

 

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