SPRINGFIELD, Ill. —
Madigan said he estimates that in 2011, 13,675 people in Illinois had adjusted gross incomes over $1 million. Income up to $1 million would be taxed at the current rate, but any income over $1 million would be subject to the 3 percent surcharge. The money would be distributed on a per-pupil basis and works out to about $550 for each student in grades K-12.
Madigan said he expects some support from Republicans.
"They ought to take a good, hard look at this and say, 'Why not let the people decide?'" he said.