Pritzker Drops $5m On Tax Campaign, Expects Expensive Fight
Illinois Gov. J.B. Pritzker is giving $5 million to a campaign supporting a graduated income tax. It’s the first reported contribution in what’s expected to be an expensive fight over the state’s tax policy.
Next fall, voters will decide whether to end the Illinois Constitution’s requirement that the income tax be flat — where everyone pays the same rate.
Pritzker is advocating for a change that would result in higher taxes on annual income greater than $250,000.
Because voters have the final say, the Democratic governor and his Republican opponents are expected to spend a great deal of money on persuasion.
“Well certainly there’s been a threat by lots of well-funded right-wing organizations and individuals to preserve the unfair tax system that exists today,” Pritzker says.
“It was important to me to step up and support something that I’ve been talking about since day one of my campaign, something that I think is very important for the state,” he says.
The political committee receiving Pritzker’s five million is called “Vote Yes for Fairness.” It’s run by one of his former top campaign aides.
The group on the other side of the issue is called "Vote No on the Blank Check Amendment.” It has yet to report any contributions and did not immediately respond to a request for comment.