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Illinois Lieutant Governor is making waves with a proposal to double income taxes on income over $250,000 annually. The income would go to property tax breaks and school funding, but he needs to amend the Illinois constitution to get there.
Producer: Peter Miller Uploaded by:
Please let me know if you use it.
A couple additional details: Illinois has hugely inequitable school funding, with some suburban Chicago schools spending over $14,000 per student while schools in the coal-mining south spend a tenth that amount. More equitable spending wasn't achieved during the Republican dynasty, and the Democratic Governor seems uninterested, also. Quinn is trying an end-run around the legislature to make needed changes.