What Will The Rates Be Under The Fair Tax? Single Filers Joint - - PowerPoint PPT Presentation

V O T E Y E S F O R F A I R T A X

What Will The Rates Be Under The Fair Tax?

Income Marginal Rates $0-10,000 4.75% $10,001-100,000 4.90% $100,001- 250,000 4.95% $250,001- 350,000 7.75% $350,001- 750,000 7.85% $750,000+ 7.99% Single Filers Income Marginal Rates $0-10,000 4.75% $10,001-100,000 4.90% $100,001- 250,000 4.95% $250,001- 500,000 7.75% $500,001- 1,000.000 7.85% $1,000,000+ 7.99% Joint Filers

V O T E Y E S F O R F A I R T A X

• Until recently, our state faced a $3.2 billion

structural deficit

• The Fair Tax will generate $3.4 billion a year,

which can go toward addressing this deficit

• It is the next step we need to help fundamentally

change the trajectory of Illinois

The Fair Tax Will Help Address Our Budget Crisis