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Illinois lawmakers push for 2026 ballot vote on graduated income tax amid growing budget crisis.
Despite growing budget pressures, a graduated income tax remains politically unlikely in Illinois, though Democratic lawmakers are pushing to place a constitutional amendment on the 2026 ballot.
Governor JB Pritzker supports the idea in principle but has not made it a legislative priority.
A May 3 deadline looms for passing the necessary resolution, as the state faces a projected $2.2 billion deficit next year, rising to over $5 billion by 2031 due to federal policy changes.
The 2020 referendum failed after a $60 million opposition campaign funded by billionaire Ken Griffin.
Advocates say a graduated tax would reduce inequality and address long-term fiscal challenges, while critics remain concerned about economic competitiveness.
Los legisladores de Illinois presionan para una votación en 2026 sobre el impuesto graduado sobre la renta en medio de una creciente crisis presupuestaria.