{"id":2355236,"date":"2024-10-15T14:02:01","date_gmt":"2024-10-15T18:02:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/illinois-voters-will-weigh-in-on-a-property-tax-advisory-question-nov-5-washington-examiner\/"},"modified":"2024-10-15T14:03:58","modified_gmt":"2024-10-15T18:03:58","slug":"illinois-voters-will-weigh-in-on-a-property-tax-advisory-question-nov-5-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/illinois-voters-will-weigh-in-on-a-property-tax-advisory-question-nov-5-washington-examiner\/","title":{"rendered":"Illinois voters will weigh-in on a property tax advisory question Nov. 5 &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fillinois-voters-will-weigh-in-on-a-property-tax-advisory-question-nov-5-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2355236&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>On November 5, Illinois voters will have the opportunity to vote on a property tax advisory question. The proposal suggests amending the Illinois Constitution to impose an additional 3% tax on income exceeding $1 million, with the funds generated aimed at <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/governor-abbott-calls-second-special-session-over-property-tax-reductions\/\" title=\"Governor Abbott calls second special session for property tax reductions.\">providing <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rep-crenshaw-headlines-n-h-gop-fundraiser-denies-rumors-about-run-for-white-house-2024\/\" title=\"Rep. Crenshaw headlines N.H. GOP fundraiser, denies rumors about run for White House 2024\">property tax relief<\/a><\/a>. The initiative has gained support from former\u200d Illinois Governor Pat Quinn, who believes it \u2063could generate over \u200b$4 billion for a dedicated \u200bproperty tax relief\u200b fund. The measure is designed to address the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stimulus-update-montana-residents-have-through-the-end-of-month-to-apply-for-tax-rebate-worth-up-to-675\/\" title=\"Montana residents can apply for tax rebate up to 5 until end of month.\">high property taxes<\/a> faced by residents in the state.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Illinois voters will weigh-in on a property tax advisory question Nov. 5<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1835886\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; Illinois voters will get a chance to decide whether millionaires in the state should pay an additional tax to address the high property taxes in the Land of Lincoln.<\/p>\n<div class=\"article-paywall\">\n<p>The question asks: &ldquo;Should the Illinois Constitution be amended to create an additional 3% tax on income greater than $1 million for the purpose of dedicating funds raised for property tax relief?&rdquo;<\/p>\n<p>Former Illinois Gov. Pat Quinn is supporting the amendment that he said would raise over $4 billion to put in a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ems-1m-tuition-aid-short-term-fix-for-a-long-term-problem\/\" title=\"EMS offers M tuition aid as a temporary solution to a persistent issue\">property tax relief fund<\/a>.<\/p>\n<p>&ldquo;The Illinois Property Tax Relief Amendment Referendum offers a once-in-a-generation opportunity for Illinois voters to reform an unfair upside-down tax code and give significant annual property tax relief to millions of Illinoisans who urgently need help,&rdquo; said Quinn.<\/p>\n<p>Quinn said there are over 77,000 millionaires living in Illinois.<\/p>\n<p>Dylan Sharkey with the Illinois Policy Institute said&nbsp;a tax increase on a state&rsquo;s wealthiest residents would ultimately raise the tax burden on people who earn far less than $1 million annually.<\/p>\n<p>&ldquo;There was a similar measure in 2020 which asked if Illinois should adopt a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-british-prime-minister-to-make-the-economic-pie-much-bigger-instead-of-fighting-over-how-to-slice-it\/\" title=\"New British Prime Minister To Make The Economic Pie \u2018Much Bigger\u2019 Instead Of Fighting Over How To Slice It\">progressive income tax structure<\/a>,&rdquo; said Sharkey. &ldquo;The issue with that is it incentivizes wealthy residents to flee to other states with lower taxes and Illinois gets less tax revenue than they originally had.&rdquo;<\/p>\n<p>The 2020 advisory referendum was soundly defeated by Illinois voters.&nbsp;<\/p>\n<p>Sharkey said if you want to address high property taxes, then go to the source &hellip; unfunded pension liabilities.&nbsp;<\/p>\n<p>Other critics of the plan say the policy will deter capital and entrepreneurs from coming to the state.<\/p>\n<p>Illinois pays the second highest property taxes in the country behind only New Jersey.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1835886\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1835886\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Illinois voters will decide on a property tax advisory question on Nov. 5 regarding an extra tax for millionaires to help reduce high property taxes<\/p>\n","protected":false},"author":1,"featured_media":2355237,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/04\/AP23293582244211-1-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[43072,6413,43071,4223],"class_list":["post-2355236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-advisory-question","tag-illinois","tag-property-tax","tag-voters"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/04\/AP23293582244211-1-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2355236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2355236"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2355236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2355237"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2355236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2355236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2355236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}