Illinois Facing Financial Challenges After Graduation Income Tax Fails

Graduated Income Tax
In this March 7, 2019, file photo, Gov. J.B. Pritzker outlines his plan to replace Illinois' flat-rate income tax with a graduated structure at the State Capitol in Springfield, Ill. The plan failed when the majority of Illinois residents voted against it. John O’Connor / AP Photo
Graduated Income Tax
In this March 7, 2019, file photo, Gov. J.B. Pritzker outlines his plan to replace Illinois' flat-rate income tax with a graduated structure at the State Capitol in Springfield, Ill. The plan failed when the majority of Illinois residents voted against it. John O’Connor / AP Photo

Illinois Facing Financial Challenges After Graduation Income Tax Fails

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Reset learns the latest about the financial challenges facing the state of Illinois after Gov. J.B. Pritzker’s graduated income tax failed to pass.

GUEST: Laurence Msall, president of the Civic Federation