Pritzker gas tax hike takes effect on New Year’s Day
Pritzker gas tax hike takes effect on New Year’s Day
Illinoisans are stuck with two gas tax hikes in 2023, thanks to Gov. J.B. Pritzker delaying the 2022 hike until after his election.
Illinoisans pay highest cellphone taxes in nation
Illinoisans pay highest cellphone taxes in nation
Smartphone owners in Illinois pay the highest taxes in the nation
Holiday scratch-offs are no gift to Illinois schools
Holiday scratch-offs are no gift to Illinois schools
A closer look at Illinois’ lottery legislation shows lawmakers historically diverted funding away from the classroom. Despite recent legislation, outsized holiday scratcher sales still only translate to slight gains for public schools.
Illinois holiday travelers face hike on nation’s No. 2 gas taxes
Illinois holiday travelers face hike on nation’s No. 2 gas taxes
Plenty of Illinoisans will be on the road this holiday season, with record-high travel across the nation. Filling up for the trip is pricey in Illinois and will get even pricier after Jan. 1.
$31,829 property tax bill robs ‘Home Alone’ house in 2022
$31,829 property tax bill robs ‘Home Alone’ house in 2022
Despite lower assessed value, thieving property taxes are on the rise for the old McCallister residence.
Springfield’s ‘bad Santas’ can’t kick sin tax habit
Springfield’s ‘bad Santas’ can’t kick sin tax habit
Bad habits are tough to break, and Illinois lawmakers can’t ditch their habit of depending on sin taxes to raise revenue.
Illinois ranks least tax-friendly state for middle-class families, 2nd-worst for retirees
Illinois ranks least tax-friendly state for middle-class families, 2nd-worst for retirees
Tax friendliness reports ranked Illinois as the most expensive for middle-class families and second most expensive for retirees. Analysts cited high property taxes, sales taxes and income taxes as cinching the bottom spots.
Bipartisan plan to pay off $1B deficit spares Illinois businesses from tax hike
Bipartisan plan to pay off $1B deficit spares Illinois businesses from tax hike
More taxes on businesses and reductions in unemployment benefits were looming as a recession approached, but no longer. Lawmakers agreed to replenish Illinois’ unemployment insurance trust fund and avoid those pitfalls.
State lawmakers debate delaying New Year’s Day gas tax hike
State lawmakers debate delaying New Year’s Day gas tax hike
A bill in Springfield proposes delaying the Jan. 1 state gas tax hike. If it fails, drivers will see two gas tax hikes in 2023, expected to take the tax to over 45 cents a gallon.
Arlington Heights takes first step toward taxpayer-backed Chicago Bears stadium
Arlington Heights takes first step toward taxpayer-backed Chicago Bears stadium
Arlington Heights trustees unanimously approved a pre-development agreement with the Chicago Bears, but the review process could take years before they break ground on the new football stadium.
Experts: Illinois taxpayers carrying 3rd-highest debt burden in nation
Experts: Illinois taxpayers carrying 3rd-highest debt burden in nation
Truth in Accounting experts contested Gov. J.B. Pritzker’s claims Illinois is on the best fiscal footing in years, citing chronic underfunding of the state’s nation-leading pension debt. The watchdogs ranked Illinois’ finances third worst among U.S. states.
Property taxes rise nearly $4B under Pritzker
Property taxes rise nearly $4B under Pritzker
Illinoisans will have paid an extra $3.94 billion in property taxes during Gov. J.B. Pritzker’s term. Four years ago he campaigned on a promise of property tax relief.
Amendment 1 could lock in $4B statewide property tax hike
Amendment 1 could lock in $4B statewide property tax hike
Total property tax extensions are on pace to total more than $40 billion by 2026, $4 billion more than at present. Amendment 1’s expansion of government union power would likely accelerate that increase.
Amendment 1 could lock in $2B residential property tax hike
Amendment 1 could lock in $2B residential property tax hike
Statewide residential property tax extensions are on pace to total more than $24 billion by 2026, which is $2 billion more than the current total. Amendment 1’s expansion of government union power would likely accelerate that $2 billion increase.