Today, Think Big Illinois released a new ad highlighting why we need to implement a fair tax in Illinois. The 15 second ad, “Almost Every,” will be running in media markets across the state as part of Think Big Illinois’ latest efforts to ensure voters have the chance to decide whether they want a tax system that works for everyone, not just the wealthy few. “How Unfair” and “Affect You” will continue running in markets across the state.
“Almost Every” highlights how Illinois currently has one of the most unfair tax systems in the country. In almost every state with an income tax, wealthy people pay a higher tax rate than the middle class, but not in Illinois. This disproportionately places the burden on our middle-class families, who on average are forced to pay nearly 13% of their income for state and local taxes. Meanwhile, the top 1% of Illinoisans only have to pay around 7% of their income for state and local taxes.
Under the fair tax plan, 97% of Illinoisans will not see a state income tax increase, with only those making above $250,000 paying more. It will also help address the state’s $3.2 billion budget deficit and bring in much-needed revenue to fund critical programs, including our schools.
