Illinois voters sounding off on three nonbinding questions
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[November 04, 2024]
By Greg Bishop | The Center Square
(The Center Square) – One of the three statewide questions Illinois
voters are being asked Tuesday could turn into a constitutional
amendment question in 2026.
In May, state Rep. Jay Hoffman, D-Swansea, laid out the three nonbinding
referendum questions Illinois voters are being asked to vote on. The
measures were part of an elections omnibus bill legislators approved and
the governor signed.
“First would be an Election Worker Protection and Candidate
Accountability Referendum Act,” Hoffman said on the House floor. “The
second, the Property Tax Relief and Fairness Referendum Act. The third,
the Assisted Reproductive Health Referendum Act.”
Republicans voted present and walked off the House floor in protest
after Democrats approved the questions. State Rep. Ryan Spain, R-Peoria,
said there are many other important questions to ask voters that should
be binding.
“Whether that is term limits, or redistricting reform, or challenging
the sanctuary state policies that are hurting people throughout the
state of Illinois,” Spain said, complaining there was no vetting of the
questions in a public way for voters to have more input.
The nonbinding, advisory question of whether millionaires should pay an
additional 3% income tax to fund property tax relief has the backing of
former Gov. Pat Quinn. During a recent news conference, the Democrat
estimated it could generate $4 billion. The nonbinding question could be
turned into a constitutional amendment down the road, he said.
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“You have to write in the constitutional amendment that people would
vote on two years from now specifics that are mandates, that the
amount of surcharge is only applied to people who declare more than
a million dollars in annual income. The money raised from that
surcharge must be spent on property tax rebates,” Quinn said.
Illinois has among the highest property tax burdens in the country.
The state also has a flat income tax in the Illinois Constitution.
That would need to be changed if legislators look to have a
millionaires surcharge. In 2020, a constitutional amendment to
change the flat tax to one with higher rates on higher earners was
rejected by voters.
The Illinois Policy Institute argues a millionaire surcharge would
harm Illinois taxpayers. The institute said it could be easily
avoided by those with more money.
“High-income individuals often have access to sophisticated tax
planning strategies, enabling them to shift income across states or
exploit loopholes, significantly reducing their tax burden,” wrote
Matheus Cosso. “This limits the tax’s intended effect and burdens
other taxpayers more.”
The institute also says the measure fails to provide stable revenue
and discourages or limits economic growth as it could impact small
business owners.
“Besides those three issues, voters need to remember ‘millionaires’
are not necessarily people in mansions. They often are mom-and-pop
stores: 23,740 small businesses could be hit with a 61% hike in
their marginal state income tax rate,” Cosso wrote.
Polls open statewide Tuesday at 6 a.m. |