Illinoisans will weigh-in on a property tax advisory question during November Election

Illinoisans will weigh in on a property tax advisory question during the November General Election.

An advisory question on whether Illinois should enact a millionaire’s tax to address high property taxes is being discredited by a policy think tank. The question asks: “Should the Illinois Constitution be amended to create an additional 3 percent tax on income greater than $1 million for the purpose of dedicating funds raised for property tax relief?”

That is Dylan Sharkey from the Illinois Policy Institute. He says if Illinois enacted such a tax, the state’s wealthiest people would leave. Sharkey says if you want to address high property taxes, then go to the source……unfunded pension liabilities.