Amid a proposed record budget, lawmakers should put price tags on their bills
Amid a proposed record budget, lawmakers should put price tags on their bills
Legislators should use fiscal notes to show taxpayers the economic impact of their proposals.
Legislators should use fiscal notes to show taxpayers the economic impact of their proposals.
Illinois is one of the least affordable states in the nation. Blame high taxes, public pensions and structural debt.
Some communities saw their bills rise 75% or more.
Gov. J.B. Pritzker wants $589 million in business-focused tax hikes. That would endanger Illinois’ long-term economic stability.
The money would be spread across several programs meant to create more units.
Illinoisans would pay a new bag tax under a proposed bill in Springfield. The tax would only deepen concerns that the state keeps increasing the cost burden.
Illinois voters rejected a graduated income tax in 2020. State politicians are trying again.
A new bill in Springfield would provide a roadmap to make higher education more affordable and competitive.
Gov. J.B. Pritzker’s $56 billion budget proposal for 2027 relies in more than $700 million in new revenue.
Illinois lawmakers diverted at least $74 million in one-time pandemic relief funds to select social programs and nonprofits.
Spending proposal features $1 billion in updated revenue assumptions, $589 million in tax and fee hikes and $139 million in fund sweeps.
Higher tax revenue paints a better picture for Illinois’ budget, but increases have been driven by strong national economy, rather than local policy.