Illinois sales taxes 7th highest in U.S.
Illinois sales taxes 7th highest in U.S.
Illinois’ combined state and average local sales tax is the seventh highest in the nation. It is the highest among the most populous states.
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Illinois Forward 2024: A sustainable state budget plan
Illinois Forward 2023: Only pension, budget reform can save taxpayers when federal aid ends
The State of The State: Illinois leaders partly responsible for a sluggish recovery
Illinois Forward 2022: COVID-19 makes pension reform imperative to protecting taxpayers, services for vulnerable Illinoisans
Progressive tax could cost nearly $1,800 a year in home equity
2 new Illinois property taxes laws fail to offer taxpayers real relief
2 new Illinois property taxes laws fail to offer taxpayers real relief
Gov. J.B. Pritzker recently approved two laws intended to spur change in the way property taxes work in Illinois. They are old ideas that will provide more show than relief.
Chicago Mayor Brandon Johnson stares down a $1 billion city budget deficit
Chicago Mayor Brandon Johnson stares down a $1 billion city budget deficit
Updated budget forecasts show a $982 million shortfall for the upcoming 2025 budget as Chicago grapples with $223 million remaining deficit this year. Mayor Brandon Johnson refuses to rule out property tax hikes.
Highland could be first Illinois city to add a local grocery tax
Highland could be first Illinois city to add a local grocery tax
Illinois’ statewide grocery tax is on its way out, but your local government may add its own. Highland, Illinois, could be the first to do so.
River Forest considering local grocery tax hike
River Forest considering local grocery tax hike
Illinois is cutting the statewide grocery tax, but some local governments may reestablish it. One Chicago suburb is already moving in that direction. Its neighbor will let taxpayers keep their grocery money.
Pritzker sends another $250K in taxpayer money to group pushing more taxes
Pritzker sends another $250K in taxpayer money to group pushing more taxes
Gov. J.B. Pritzker’s budget includes $250,000 for a group advocating for increased government spending and higher taxes. He gave the group money last year, too.
Grocery bills have increased by nearly $3,000 in just 4 years
Grocery bills have increased by nearly $3,000 in just 4 years
Consumers have been hammered with inflation on groceries during the past four years. Illinois was heading in the right direction by eliminating the tax on them, but now communities are faced with either imposing a new grocery tax or losing the money.
Illinois No. 2 in nation for highest gas taxes
Illinois No. 2 in nation for highest gas taxes
Only California has higher gasoline taxes than Illinois. Gov. J.B. Pritzker’s automatic gas tax boost just bumped the rate to 47 cents per gallon. It was 19 cents before Pritzker took office.
Pritzker to show Democrats how he thinks big about taxes, budgets, deficits
Pritzker to show Democrats how he thinks big about taxes, budgets, deficits
Gov. J.B. Pritzker’s record $53.1 billion state budget imposes $1.1 billion in new taxes on Illinoisans and still manages to underfund public pensions. He’s boosted state spending by $15 billion in six years. Housing, jobs and population are all suffering.
The Policy Shop: Property tax pain at home – and relief abroad
The Policy Shop: Property tax pain at home – and relief abroad
This episode of The Policy Shop is by writer Patrick Andriesen Compare Illinois’ median property tax bill to Alabama’s. Illinois’ is higher. Add Alabama’s and West Virginia’s bills together. Illinois’ is still higher. Take Alabama’s, West Virginia’s, Arkansas’, Louisiana’s and South Carolina’s bills and total them all up – Illinois’ is still higher. If you...
The Policy Shop: Property taxes are exploding – still
The Policy Shop: Property taxes are exploding – still
This episode of The Policy Shop is by writer Patrick Andriesen The typical Illinois homeowner is paying $756 more in property taxes than five years ago, and it’s not just inflation: half of Illinois’ 102 counties saw their bills rise faster than the cost of living. Homeowners across 61 Illinois counties saw their property taxes...
Illinois property taxes at $5K are higher than 5 states combined
Illinois property taxes at $5K are higher than 5 states combined
Illinoisans paid the second-highest property tax rate in the U.S. in 2022, with the median Illinois homeowner spending more than taxpayers in Alabama, West Virginia, Arkansas, Louisiana and South Carolina combined. See how your county compares.