A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

(The Center Square) – The mayor of Chicago is pushing for a progressive income tax in Illinois, even though a recent economic report says it would make the state less competitive. Mayor Brandon ...

(The Center Square) – Manufacturers say legislators at the Illinois State Capitol have done enough damage and a progressive tax would be too much. Last week, former Illinois Gov. Pat Quinn proposed a ...

Greg Bishop provides criticism from a group of manufacturers to the talk of reviving the progressive income tax amendment for the Illinois Constitution that voters rejected in 2020. Gov. J.B. Pritzker ...

The governor wants people to vote to raise state income taxes on millionaires by approving a constitutional amendment allowing progressive income tax rates. The governor tried it once before, failed ...