Though some politicians claim a progressive income tax would only affect the rich, rates established under House Bill 3522 would raise income taxes on middle-class families.
Park district documents reveal multiple employees making six-figure salaries.
In 2017 alone, Lake County billed homeowners $1.8 billion in property taxes. Owners of a median-valued home in Lake Forest received a $13,600 property tax bill.
States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.
Local voters struck down a 1 percent sales tax hike for the third time in seven years.
One Crystal Lake school district superintendent has become the latest public official to collect a salary nearing $200,000, following a vote by the district board.
Decatur’s population is shrinking, but earnings for the city manager continue to grow.
Amazon’s team will visit 10 proposed sites in Chicago for its second North American headquarters.
A progressive tax proposal in the Illinois House would raise taxes on an overwhelming majority of families already struggling with some of the highest tax burdens in the nation.
Madison County voters have rejected a proposed 1 percent sales tax hike twice before. Will the third time be a charm?
In Illinois, hundreds of municipal workers earn more than every state governor. The city manager of Lake Forest is the second-highest paid city manager in the state.
The Illinois side of the Quad Cities is already seeing population loss as residents pack up and leave high tax burdens behind.
University of Chicago researchers have found inaccurate and unfair assessments by the Cook County Assessor’s Office led to $800 million of the property tax burden shifting from owners of Chicago homes in the top 10 percent (by sale price) to owners of homes in the bottom 70 percent.
Advocates for a progressive income tax claim to offer relief for middle-class families. But that doesn’t jive with real proposals in Springfield or lawmakers’ spending habits.