Madigan wants to raise income taxes again
Madigan wants to raise income taxes again
Illinois House Speaker Mike Madigan says Illinois’ income taxes should be increased to at least 5 percent.
Illinois House Speaker Mike Madigan says Illinois’ income taxes should be increased to at least 5 percent.
Funds provided through Senate Bill 2039, which Gov. Bruce Rauner signed into law Dec. 7, will allow the Illinois Lottery to resume paying winning ticket holders.
Chicagoans are the most-taxed residents of any major city in Illinois and pay the 10th-highest property taxes compared to taxpayers in other large U.S. cities.
“I have friends who are very successful and friends who are barely getting by. I’d say our family is in the middle of that, living paycheck to paycheck. My husband is an Army veteran and we have two kids. “We love our neighborhood. We love our house. We built it 13 years ago and our...
Amid budget gridlock, Illinois lottery winners sue to have their winnings paid with interest and to prevent the state from selling more tickets it can’t pay out.
The Illinois House of Representatives concluded its 2015 session without passing a budget, relying instead on piecemeal legislation to resolve policy issues and fill funding gaps.
Amid continued budget gridlock in Springfield, Senate Bill 2039 provides funds to pay Illinois Lottery winners, as well as to allow for road maintenance, 911-center operations and projects by Chicago’s tourism office, among other local government programs.
The budget stalemate in Springfield has forced Illinois’ Secretary of State to suspend mailing vehicle registration renewal notices to vehicle owners.
Cook County Board President Toni Preckwinkle resorted to the same tired formula that has all but bankrupted Chicago.
Ticket sales slumped by more than $20 million in October as lottery players balked at a broken system.
Motorists filling up at Chicago pumps can expect to pay an additional $0.16 per gallon in Regional Transportation Authority, county and city taxes, making gas sold in the city the costliest in any of Illinois’ metro areas.
If Chicago politicians have their way, Airbnb prices will rise as the city enforces $500 licensing requirements against those who rent out rooms through online services.
Illinoisans pay nearly a quarter of their wireless bills in taxes, while Chicagoans pay more taxes on wireless service than residents of any other major city in the country.
An analysis of Chicago’s taxation and revenue in perspective