Budget + Tax
Illinois lawmakers push retirement tax to keep spending more
As state lawmakers look to plug budget holes by removing limits on state income tax rates, Illinois’ spending is set to continue breaking records. The state budget has grown by 35% since 2020, but Illinois lawmakers want more and hope to…
Handing out money without work fails, but Illinois…
A 2024 study showed handing people money they hadn’t worked for hurt them, but Illinois…
Chicago streaming tax adds 10% to NFL Thanksgiving…
Streaming Thanksgiving football comes with extra costs just for living in Chicago. The city…
Final Thanksgiving with statewide grocery tax, but your…
Illinois families are preparing their final Thanksgiving dinner with the state’s 1% grocery…
Illinois House speaker gets $40M sports complex for…
Backroom deals produced lots of pork in the state budget, including a $40-million sports…
Illinois shoppers face sales tax hit
Holiday shoppers are eager to spend this year. Illinois is overly eager to tax them. The 2025 holiday shopping season is expected to be strong, with 186.9 million people – 3 million more than last year’s record – planning to make…
Record Illinois Thanksgiving traffic paying record gas…
Thanksgiving travel will set a record in Illinois and in the U.S. Illinois drivers will pay…
Illinois lawmakers again push disguised ‘retirement…
Illinois voters soundly rejected a progressive state income tax because it was a path to tax…
Illinois halts federal tax credits intended to boost…
Illinois state lawmakers are severing new federal business tax cuts. Their quest to keep more…
Transit fares frozen as Chicago drivers hit with…
The transit rescue plan freezes fares, raises tolls, hikes sales taxes and diverts road funds…
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