Anyone who earns at least $1 million in Illinois could soon be paying nearly 10 percent of it to the state.
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Under the proposed progressive income tax from state Sen. Don Harmon, D-Oak Park, anyone making more than $180,000 a year would be taxed at 6.9 percent.
Anyone making more than $1 million would pay an additional three percent for the proposed millionaires’ tax.
“We’ve proposed a comprehensive rate structure that works with, or without, a millionaires’ (tax),” Harmon said.