The push continues to have voters answer whether there should be a 3% surcharge on Illinois millionaires. | BlueRoomStream, Greg Bishop / The Center Square
By Greg Bishop | The Center Square
The push continues to have voters if Illinois should be a 3% surcharge on millionaires.
Former Illinois Gov. Pat Quinn this week relaunched his effort to bring about the ballot referendum after the nonbinding question was approved in 2024. He stopped at the state capitol in Springfield on Wednesday.
“We need a millionaire amendment for property tax relief for families and businesses all across Illinois,” Quinn told reporters.
Republican U.S. Senate candidate Don Tracy said such a tax will push higher earners out of the state.
“They can’t, you know, can’t control spending,” Tracy told The Center Square. “So they have to ever increase taxes. And then they always want to tax the rich. But where has that ever worked?”
Quinn is pushing for the binding measure to be approved by legislators by May 3 in order to be placed on the November ballot.
The amendment, if approved, would allow the state to levy a 3% surcharge on millionaires for a property tax relief fund.
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