Illinois grocery tax returns July 1
Illinois grocery tax returns July 1
Gov. J.B. Pritzker’s temporary tax relief expires July 1 when Illinois reinstates the grocery tax instead of joining the 37 states that don’t tax groceries at all.
2nd Pritzker gas tax hike this year to hit Illinois drivers July 1
2nd Pritzker gas tax hike this year to hit Illinois drivers July 1
Illinoisans face the second gas tax hike of 2023 on July 1. The 3.1 cent hike doesn’t need lawmaker approval, thanks to Gov. J.B. Pritzker implementing automatic gas tax hikes.
Memorial Day brings extra pain at Illinois gas pumps
Memorial Day brings extra pain at Illinois gas pumps
Memorial Day weekend means millions will hit the road, but Illinoisans should try and fill up across states lines to avoid some of the nation’s highest gas taxes.
Illinois’ revenue volatility among highest in U.S., threatens budget stability
Illinois’ revenue volatility among highest in U.S., threatens budget stability
Illinois just saw a $1.76 billion drop in state income tax collections, proving what a new study just showed: state tax policies give it the nation’s eighth-most volatile revenues. That also makes Illinois very vulnerable when a recession hits.
Illinois state revenue projections cut by $800M after much weaker Tax Day
Illinois state revenue projections cut by $800M after much weaker Tax Day
April 2023 Illinois state income tax collections came in $1.8 billion lower than April 2022, leading state forecasters to make massive cuts in expected 2023 revenue.
Illinois gas tax revenue hits $212 million in April, highest monthly total this year
Illinois gas tax revenue hits $212 million in April, highest monthly total this year
Illinois is eighth in the nation for most expensive gas, and reduced oil production in May could drive prices even higher. It all means more taxes for the state.
Illinois politicians want extra $25M for Democratic National Convention security in Chicago
Illinois politicians want extra $25M for Democratic National Convention security in Chicago
Illinois’ congressional Democrats asked for an additional $25 million to pay for security at the 2024 Democratic National Convention in Chicago. Host cities typically receive $50 million.
U.S. Supreme Court case aims to stop homes from being taken for small tax debts without compensation
U.S. Supreme Court case aims to stop homes from being taken for small tax debts without compensation
Illinois homeowners have lost the full value of their homes over relatively small tax debts. But a case now before the U.S. Supreme Court could end that practice in Illinois and across the country.
What Brandon Johnson’s tax plan needs from Chicago aldermen, Springfield
What Brandon Johnson’s tax plan needs from Chicago aldermen, Springfield
Chicago’s incoming mayor, Brandon Johnson, has a long list of tax proposals for the city, but he will have to get all of them past the City Council and some past the Illinois General Assembly.
Poll: Nearly 3-in-5 Illinoisans say property taxes don’t deliver value
Poll: Nearly 3-in-5 Illinoisans say property taxes don’t deliver value
Fifty-eight percent of Illinois voters polled said their property taxes don’t provide enough value in public services. Illinoisans pay the second-highest property taxes in the nation.
How does Illinois spend its millions in marijuana tax revenue?
How does Illinois spend its millions in marijuana tax revenue?
April 20 marks Illinois’ fourth high holiday with recreational marijuana. Here’s how cannabis tax dollars are used. March’s monthly sales topped $135 million.
Illinois casino revenue down $200M since 2012, as Chicago bets on casino
Illinois casino revenue down $200M since 2012, as Chicago bets on casino
Chicago is in line for casino gaming soon, but its success is dwindling as video gaming machines and sports betting rise.
Aliki Marinos
Aliki Marinos
Aliki Marinos and her brother, Frank, run Bel-Mar Wire Products, a small-scale manufacturing business founded by their father, Tom Marinos, in 1972. In December, they got a property tax bill 3.7 times higher than it had been the year before. To pay for it, they were forced to let go about half their staff. Now,...
Brandon Johnson owes over $4K to Chicago, including tickets from 2014
Brandon Johnson owes over $4K to Chicago, including tickets from 2014
Mayoral candidate Brandon Johnson owes the city more than $4,000 in unpaid bills and fines, including traffic tickets dating back to 2014. With income over $178K, he invokes ‘working-class’ struggles.