{"id":2005,"date":"2020-05-28T05:27:11","date_gmt":"2020-05-28T12:27:11","guid":{"rendered":"https:\/\/familyenterpriseusa.com\/?p=2005"},"modified":"2020-05-22T18:37:53","modified_gmt":"2020-05-23T01:37:53","slug":"state-news-illinois","status":"publish","type":"post","link":"https:\/\/familyenterpriseusa.com\/feusa\/state-news-illinois\/","title":{"rendered":"State News – Illinois"},"content":{"rendered":"

Hawaii<\/strong><\/h3>\n

Taxes could rise on\u00a0high-end real estate on the island of Hawaii<\/p>\n

Illinois<\/strong><\/h3>\n

The top Republicans in the Illinois legislature are pushing for a vote\u00a0that would remove\u00a0from the November ballot a measure that would allow for a progressive income tax.\u00a0Democrat Governor J.B. Pritzker has been pushing to amend the state constitution to allow for a graduated income tax, instead of the current flat 4.95 percent rate.\u00a0House Minority Leader Jim Durkin called the ballot measure a “cash grab,” with Republicans insisting that the state’s economy is too fragile to absorb the higher taxes that Pritzker wants. Democrats brought the legislature back to Springfield this week to consider a state budget and Covid-19 relief measures aimed at families and small businesses. Pritzker says a progressive income tax would give Illinois much-needed revenue, and that only around 3 percent of taxpayers \u2014 those making more than a quarter-million dollars a year \u2014 would be affected by the change.<\/p>\n

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Family Enterprise USA<\/a> is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. FEUSA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of FEUSA. Family Enterprise USA is a 501(c)(3) non-profit organization. Family foundations can donate.<\/a><\/p>\n