Madigan’s unbalanced budget overspends by $7 billion
Madigan’s unbalanced budget overspends by $7 billion
llinois Comptroller Leslie Munger said Speaker Madigan's budget proposal would increase the state's unpaid bills to $15 billion and cause eight to nine month payment delays for vendors.
By Craig Lesner, Ted Dabrowski
Illinois House roll call on Madigan budget, SB 2048
Illinois House roll call on Madigan budget, SB 2048
Find out how your lawmaker voted on Madigan's spending plan.
By illinoispolicy
Madigan proposes Illinois budget plan that overspends by $7 billion
Madigan proposes Illinois budget plan that overspends by $7 billion
Despite a constitutional requirement to do so, Illinois politicians have not passed a balanced budget since 2001.
By Hilary Gowins
Illinois politicians reintroduce penny-per-ounce ‘sugary drink’ tax
Illinois politicians reintroduce penny-per-ounce ‘sugary drink’ tax
State lawmakers propose regressive tax on sugary drinks to help fill budget holes created by decades of irresponsible policies.
Illinois soda tax would hit low-income households hardest
Illinois soda tax would hit low-income households hardest
A soda tax would fall upon those who can afford it least, and would serve only as another tax hike “solution” for a state that has a spending problem.
By Michael Lucci
All tax hikes, no reform: Illinois politicians should reject ‘budgeteer’ budget plan
All tax hikes, no reform: Illinois politicians should reject ‘budgeteer’ budget plan
Instead of talking about the necessary, structural reforms to help the state, a collection of Illinois lawmakers want to ask taxpayers to give more to continue irresponsible policies.
By Craig Lesner
CPS, CTU want to create new taxing districts to raise $100 million from taxpayers
CPS, CTU want to create new taxing districts to raise $100 million from taxpayers
Creating new special service areas for the sole benefit of Chicago Public Schools would mean hitting homeowners with an additional $100 million in taxes.
By Chris Lentino
Illinois’ tax structure should be built on stability, not emotion
Illinois’ tax structure should be built on stability, not emotion
Illinois lawmakers can learn valuable lessons from states that have protected essential government services from swings in the economy.
By Austin Berg
The progressive income tax is dead – again
The progressive income tax is dead – again
According to the Illinois Department of Revenue the progressive tax would've cost Illinois 20,000 private-sector jobs, 43,000 residents to other states on net, and $1.9 billion in GDP over the first four years.
By Heather Weiner
Illinois Department of Revenue: Progressive tax would lead to job losses, out-migration
Illinois Department of Revenue: Progressive tax would lead to job losses, out-migration
The Illinois Department of Revenue has projected losses of 20,000 private-sector jobs, 43,000 residents to other states on net, and $1.9 billion in GDP in the first four years of a progressive tax.
By Michael Lucci
Lang tax plan would push top overall tax rate for small businesses to over 50% in Illinois
Lang tax plan would push top overall tax rate for small businesses to over 50% in Illinois
Lang’s progressive-tax proposal would hit successful small businesses, which account for 72 percent of all small-business income in Illinois.
By Michael Lucci
Want to crush Illinois’ small businesses? Pass a progressive tax
Want to crush Illinois’ small businesses? Pass a progressive tax
State Rep. Lou Lang’s progressive tax would hurt the middle class by making Illinois home to the second-highest small-business tax rate in the U.S.
By Austin Berg
Burke saved Trump $11.7M in Chicago property-tax appeal scheme
Burke saved Trump $11.7M in Chicago property-tax appeal scheme
Flawed property valuations and the process required to fix them are a cash cow for law firms, including those of House Speaker Mike Madigan, Chicago Alderman Ed Burke and Illinois Senate President John Cullerton.
By Austin Berg
School district consolidation a step toward much-needed property tax relief
School district consolidation a step toward much-needed property tax relief
Illinois has 859 local school districts – the fifth-most in the nation.
By Ted Dabrowski