Aside from the Presidential, Senatorial and Congressional elections on the ballot on Tuesday, there are also a broad array of ballot questions that may have a significant impact on business interests – now and/or in the future across the country. We want to highlight a few of these for you. We’ve advised you in past issues of the minimum wage question on the Florida ballot (Amendment 2) mandating a statewide $15 minimum wage, so we needn’t go into more detail on that initiative. Illinois voters will be asked to abandon the 50-year old constitutional requirement that the state impose a flat personal income tax rate, and replace it with a graduated income tax with six different tax brackets based on income. If passed, this measure supported by Governor J.B. Pritzker, will impose different tax rates on joint-filers at each of the following income thresholds: less than $10,000 at 4.5%; $10,000 at 4.9%; $100,000 at 4.95%; $250,000 at 7.75%; $500,000 at 7.85%; and more than $1,000,000 at 7.99%. Back in 1978, California became the first state to impose a tax cap on property taxes when Howard Jarvis succeeded in passing Proposition 13, capping all property tax (residential & commercial) increases. This year voters will be asked to approve Proposition 15 and separate out commercial property from that 42-year old formula paving the way for major tax increases.  In Arizona, Proposition 208 is on the ballot asking voters to enact an additional 3.5% income tax (in addition to the existing 4.5%) on incomes over $250,000 or $500,000 joint filing. And at the local level, tax and spend sentiment apparently continues in the Portland Oregon region as two initiatives are on the ballot that would raise additional tax revenues. The first would impose a payroll tax of up to 0.75% on businesses with more than 25 employees in the metro area, while the second seeks an additional 1.5% Multnomah County tax on individuals with incomes over $125,000, or $200,000 for joint filers. Is $125,000 the new millionaire threshold?