SPRINGFIELD, Ill. (AP) --Illinois voters are being asked whether they want to change the state's income-tax structure from a flat-rate system to a graduated income-tax, one that supporters says takes more from wealthier residents.
Democratic Gov. J.B. Pritzker is backing what he calls the "fair tax." It promises that no one making less than $250,000 would pay more.
That's 97% of taxpayers. But wealthier taxpayers would pay up to a top rate of 7.99%.
It would generate $3.4 billion more a year in revenue. Opponents claim it will give lawmakers a "blank check" to increase spending without paying the state's massive pile of debt.
Both sides have seen some of the state's richest residents kick in money for this ballot issue.
Back in July, Pritzker, a billionaire, This was just six months after he contributed $5 million to the committee called Vote Yes for Fairness.Â
Last month, the state's richest man,
