Budget + Tax

Illinoisans pay highest tax burden in nation

Illinoisans pay highest tax burden in nation

A new study shows Illinois is the least tax-friendly state in the nation. A family making the median national income in the median valued home pays 16.8% of their income to taxes, more than any other state.

By Dylan Sharkey

$14B in federal COVID-19 stimulus propped up Illinois’ budget

$14B in federal COVID-19 stimulus propped up Illinois’ budget

Despite claims Illinois’ budget was “balanced,” a closer look shows federal stimulus money propped it up. Only long-term reform on pensions, taxes, health care and school district consolidation can balance state finances and end 21 years of deficits.

By Dylan Sharkey

Illinois is only big state to charge a tax on groceries

Illinois is only big state to charge a tax on groceries

Illinois is one of the few states that taxes groceries. Gov. J.B. Pritzker is suggesting a suspension of the 1% grocery tax to help struggling families. Some lawmakers said if Pritzker really wants to help, he needs to end grocery sales taxes.

By Dylan Sharkey