But he wants a guarantee that revenue would fund public transportation, and he said higher income taxes on wealthy earners might be a better way to raise the money. (chicagotribune.com)
The lower rates were a trade - off for an extension of the state's high tax rate on wealthy earners. (politifact.com)
The Assembly proposal, introduced by Speaker Carl Heastie, keeps that rate, but progressively taxes further for wealthy earners beginning at $ 5 million. (wsj.com)