Chicago missed the Oct. 1 deadline to extend the grocery tax. Grocery shoppers will save $40 million for at least six months starting Jan. 1, 2026.
Chicago Mayor Brandon Johnson’s task force outlined 39 ways to raise up to $1.65 billion to close Chicago’s 2026 budget deficit. More taxes is the wrong answer.
Gov. J.B. Pritzker said state agencies need to trim 4%, blaming President Donald Trump and a slowing national economy. Illinois’ economic woes started long before Trump.
New taxes on Uber, automatic property tax hikes and higher liquor taxes are all being pushed as Chicago leaders seek to spend $1 billion more than they will have.
Sports betting in Illinois comes with the fifth-highest taxes in the nation. Users on FanDuel, DraftKings or other sites had new fees start in September – just in time for the NFL regular season.
Peoria Heights’ mayor vetoed a grocery tax, saying the village would not balance its budget on the backs of families at the grocery checkout. Now Chicago is considering taking $73.5 million through the tax.
If Illinois state lawmakers are not going to spend the $3.3 billion sitting in the state’s road fund, drivers should get a break from the taxes going into it. Illinois gasoline taxes are No. 2 in the U.S.
Apple’s new iPhone launch on Sept. 9 may be a celebration for tech consumers, but it also makes the Illinois taxman smile. Illinois already had the nation’s highest tax rate on cell phone plans before it bumped up even more July 1.
The second installment of Cook County property taxes should have been paid Aug. 1. The county can’t get the calculations completed, so the bills are on hold.
Illinois' high property taxes hurt the economy, particularly in communities already struggling. When government overtaxes, residents and businesses flee – leaving those remaining with a bigger tax bill.
MidAmerica St. Louis Airport has been a drain on taxpayers since it opened in 1995, requiring money from other county funds to keep it open. That total jumped last year to $14.83 million, bringing total subsidies since 2002 to $160 million.
As the Chicago Bears get ready for Monday Night Football, fans have heard talk about Arlington Heights since 2021. Here are the three biggest questions surrounding the move.
Accounting standards call for annual spending reports within 180 days of the year’s end. Illinois took 774 days to produce its 2023 report, setting a national record for tardiness.
AAA named Chicago a top domestic travel spot for Labor Day. It also said Illinois has some of the nation’s highest gas prices. Thank Illinois taxes for the extra dings at the pump.