Gov. Bruce Rauner issued an amendatory veto nixing fee hikes from a 911 service reauthorization bill lawmakers sent to his desk, noting Illinoisans already pay some of the nation’s highest taxes on their cellphones. But those fee hikes will become law, as lawmakers have voted to override the governor’s veto.
Taxes on alcoholic beverages in Illinois are among the highest in the Midwest.
Use our tax hike calculator to find out how much the permanent 32% income tax rate hike will cost you.
More than a dozen Republicans joined House Democrats in passing a budget that includes a massive tax hike and no structural spending reforms. Gov. Bruce Rauner said he would veto the plan.
House Floor Amendment No. 2 to Senate Bill 9 would permanently increase the individual income tax rate to 4.95 percent and the corporate income tax rate to 7 percent, but would not expand the state sales tax to services.
The Cook County sugary drinks tax was set to go into effect July 1, but a circuit court judge has temporarily blocked the implementation of the tax in response to a lawsuit opposing it.
Gov. Bruce Rauner issued an amendatory veto nixing fee hikes from a 911 service reauthorization bill lawmakers sent to his desk. Illinoisans already pay some of the nation’s highest taxes on their cellphones.
House Minority Leader Jim Durkin said he’s putting GOP votes on the spending plan that relies on more than $5 billion in new taxes.
Nine days of special session have cost Illinois taxpayers an additional $450,000 for just over two hours of work.
Much like other plans in the General Assembly before it, the House Democrats’ budget plan does nothing to structurally reform state government and bring down costs, but instead increases the burden on Illinois taxpayers.
Polling shows that Illinoisans are overwhelmingly opposed to an income tax hike, and Illinois’ poor economic growth combined with wealth out-migration mean billions in tax hikes will only inflict further damage on a struggling state.
A new poll shows Gov. Bruce Rauner’s political base opposes the tax hike budget proposal the governor has supported. And Illinoisans who favor the tax hike budget proposal do not support Rauner.
Despite calls for new taxes from Republican lawmakers, Senate Bill 2216 contains funding for several grants across the state.
The Illinois Lottery will cease awarding prizes over $25,000 if a budget is not signed by July 1.