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'Fair Tax Calculator' Unveiled To Help Push Graduated Tax Hike

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WBBM Newsradio/Craig Dellimore

CHICAGO (WBBM NEWSRADIO) – Gov. J.B. Pritzker said Illinoisans can see for themselves what his plan for a graduated income tax would mean for their families.He said his office has set up what he calls a "Fair Tax Calculator" on the website Illinois.gov/fairtaxcalculator. The wealthy would pay more and the middle class, less, under a proposal the Pritzker administration is pushing.

Will this tax help Illinois' sagging bond rating? Pritzker says he spoke with the rating agencies this week and they indicated it's "a good start."His critics say the plan will hurt businesses and the state.Pritzker said those who want no new revenues are basically calling for deep cuts in essential services.