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The state government would then have been allowed to change income tax rates through the normal legislative process. [34] [35] The Illinois legislature proposed a new set of income tax rates in Senate Bill 687, which was enacted shortly after the constitutional amendment was approved to be placed on the ballot. This legislation would have taken ...
Illinois, however, which imposes a 4.95% fixed tax, has a flat tax because when the tax was first implemented, it was unclear whether a progressive income tax was constitutional under the state ...
The list below provides an overview of each state’s income tax structure. ... Illinois. Flat Income Tax Rate: 4.95%. Standard Deduction (Single): NA. Standard Deduction (Couple): NA.
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
Illinois – 4.95% (July 2017) Indiana – 3.05% (2024). Counties impose an additional income tax, collected by the state. ... State individual income tax rates ...
Illinois, however, which imposes a 4.95% fixed tax, has a flat tax because when the tax was first implemented, it was unclear whether a progressive income tax was constitutional under the state ...