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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Illinois property taxes highest in the US, double national average
Illinois property taxes highest in the US, double national average
Illinois homeowners are struggling under the weight of the nation’s highest property-tax bills, according to a new analysis.
Progressive tax would introduce marriage penalty into Illinois tax code
Progressive tax would introduce marriage penalty into Illinois tax code
Replacing Illinois’ fair, flat income tax with a progressive tax would mean that some married couples with both spouses working would pay more in state income taxes than if they remained single.