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

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