SPRINGFIELD, Il (WSIL) -- Proponents of the graduated income tax amendment in Illinois conceded Wednesday morning.
The measure, which would have changed the state's constitution to allow for a graduated income tax rather than a flat tax, failed with 55% voting against it, and 98% of precincts reporting statewide.
"We are undoubtedly disappointed with this result, but are proud of the millions of Illinoisans who cast their ballots in support of tax fairness in this election," said Vote Yes For Fairness chairman Quentin Fulks.
The Coalition Against the Proposed Tax Hike Amendment declared victory late Tuesday night.
"When all the votes are counted, we believe there will be more 'no' votes than 'yes' votes, and that will be a win for small business owners, middle-class families, family farmers, retirees, and large employers," stated coalition spokeswoman Lissa Druss. "In this election, Illinois voters sent a resounding message that with an $8 billion deficit and two massive tax hikes in the last ten years, we cannot trust Springfield Politicians with another tax hike."
