Budget + Tax
Illinoisans can read a budget before it passes for the first time in at least 10 years
Bucking the practice of recent years, lawmakers introduced the proposed budget more than three weeks before the May 31 end of the session. In a refreshing change from the chaotic rush of recent years, Illinois lawmakers and the public…
Ruling shows Illinois must address home equity theft
A federal judge found Cook County liable for damages to taxpayers who lost the equity in…
Pritzker’s social media fee could be costly legal…
The governor’s proposal would face challenges. Gov. J.B. Pritzker wants to slap a fee…
Illinois combined state, local tax rate tops the…
The amount of state and local taxes paid here also is near the nation’s highest. …
Illinois budget process needs reform
Revamping how the state decides on spending would improve responsibility and transparency.…
How much is the new Illinois gas tax hike?
On July 1 the state tax will hit almost 50 cents a gallon. Lawmakers made yearly automatic. Illinois drivers will see another gas tax increase July 1. The state tax will rise to 49.6 cents per gallon because of the automatic annual…
Pritzker’s 57 tax and fee hikes cost Illinoisans $77…
The governor has presided over $77 billion in increases while Illinois’ economic growth…
Massachusetts ‘millionaires tax’ cost the state $4…
The vast majority of that loss came from high-income earners leaving the state. …
‘Millionaires tax’ would hike rate 61% on…
Combined state and federal taxes would take more than 50% of the top-end income for 22,000…
How Illinois spends marijuana money
The state’s cannabis taxes likely tempt residents to make purchases in neighboring Missouri,…
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