While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Cellphone taxes increased nationwide – and Illinois moved up to be the top taxer. Add another $157 in tax on Chicagoans’ wireless bills.
Illinois' current patchwork of sales tax exemptions, oftentimes carved out by special interests, makes for poor policy.
Departing Chicago Mayor Rahm Emanuel accelerated calls to boost Illinois’ gas tax to pay for local transportation projects.
A study by realtor.com ranks the Chicago region’s housing market slowest of 100 U.S. metro areas for 2019. That stat could be fixed, or made worse.
County board members narrowly voted to hike the county’s property tax levy by nearly 12 percent to make up for a $500,000 shortfall.
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. The Land of Lincoln, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
Most county historical societies in Illinois rely on donations and memberships, but the Madison County Historical Society receives a generous infusion of tax dollars to run its museum and library. County leaders just cut the total, but why do they provide taxpayer support at all?
Citing public safety pension costs, the city is expected to approve another increase to its property tax levy.
Outgoing Chicago Mayor Rahm Emanuel’s administration is looking to make inroads on an increase in Illinois’ gas tax.
The city of Geneseo hiked its property tax levy by nearly 10 percent to pay for police pensions.