State senators stave off spending reform, test tax hikes instead
State senators stave off spending reform, test tax hikes instead
Illinois’ combined state and average local sales tax rate is the highest in the Midwest.
Illinois’ combined state and average local sales tax rate is the highest in the Midwest.
Despite taxing both sales and income, Illinois has higher property taxes than every single state that does not charge an income tax.
The Civic Federation’s budget plan repeats old mistakes with multibillion-dollar tax hikes and no serious, structural reform.
Making Illinois’ system fairer through pension reform, consolidation and accountability to parents and students.
Lawmakers on both sides of the aisle grow more and more powerful as the size of state and local government increases.
Lawmakers need to look at the state’s major spending drivers instead of increasing taxes, which will continue to drive more people out of the state.
Despite the fact that the average AFSCME worker makes over $100,000 a year in total compensation, the union has made health care, salary and benefit demands that are out of line with what Illinois taxpayers can afford and would aggravate the state’s financial crisis.
The proposal would be part of the Senate’s “grand bargain,” which also includes a multibillion-dollar income tax hike.
A new report from the Commission on Government Forecasting and Accountability shows Illinois has experienced falling tax collections, which may indicate trouble in the state economy; spending reforms – not tax hikes – are what Illinois needs to right its fiscal ship and boost economic growth.
Lawmakers should address wasteful spending in higher education, which is hurting students, their families, instructors and taxpayers.
Illinois has by far the most units of government in the nation, at nearly 7,000.
Illinois Attorney General Lisa Madigan is seeking a court order to stop paychecks to state employees. Many speculate she is trying to force the General Assembly into a budget deal – one that would be bad for Illinoisans. But the General Assembly doesn’t have to be bullied into a bad budget deal. It can pass an appropriations measure to fund state worker payrolls and keep government from shutting down.
The New York-based credit agency cited the lack of action on a budget as the primary reason for the downgrade.
The new tax on plastic bags is Chicago Mayor Rahm Emanuel’s latest revenue grab.