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Here are the latest results for the Cook County ‘Millionaire Tax' referendum

Carlos Ramirez
Senior Reporter · Tuesday, November 3, 2026 at 9:06 PM · 1 min read
Here are the latest results for the Cook County ‘Millionaire Tax' referendum — Glencoe Real Estate news

Voters in Cook County are being asked if the state of Illinois should consider an additional tax on millionaires, and early results are emphatic. The text of the amendment asked voters if the state should enact a 3% tax on income over $1 million in an effort to halt increases on property taxes, or even to potentially roll some increases back. As of 8:30 p.m., with nearly one-quarter of precincts reporting, suburban Cook County voters are heavily in favor of the proposed tax, with nearly 69% of those voters supporting it. In Chicago, numbers are even more emphatic, with 78% of voters in the city casting ballots in favor of the referendum. Even if the referendum passes, nothing would happen immediately. The question pertains to the state of Illinois enacting such a tax, and to do so a Constitutional amendment would have to pass, as all matters related to income tax in the state would. Before such a tax could even happen in Illinois, the state would have to amend its consti

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