Under our current tax system, Illinoisians pay a flat income tax. This means that everybody pays the same tax rate, regardless of their income. When we break down those socioeconomic demographics, that means the wealthiest top 1% only pays roughly 7% of their income, while the average, hard working Illinoisian can pay upwards of 13% of their income in state and local taxes.
It’s common sense. Passing a Fair Tax would mean close to 97% of Illinois taxpayers would see some form of tax relief.