Illinois state spending has grown nearly 50% faster than taxpayer incomes
Illinois state spending has grown nearly 50% faster than taxpayer incomes
A spending cap proposal filed by state Sen. Tom Cullerton, D-Villa Park, would ensure growth in government spending doesn’t exceed taxpayers’ ability to pay for it.
By Orphe Divounguy, Bryce Hill
Pritzker ‘fair tax’ could cost Grayslake families up to $1,500
Pritzker ‘fair tax’ could cost Grayslake families up to $1,500
Gov. J.B. Pritzker claims his progressive income tax hike will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
By Austin Berg
Pritzker ‘fair tax’ could cost Bloomingdale families up to $1,300
Pritzker ‘fair tax’ could cost Bloomingdale families up to $1,300
Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
By Austin Berg
Repeating past mistakes: Pritzker proposes borrowing, stretching out payment ramp as pension solution
Repeating past mistakes: Pritzker proposes borrowing, stretching out payment ramp as pension solution
Trying to fix a massive pension deficit with more tax increases, deferring payments and gambling with taxpayer money is a recipe for failure.
By Adam Schuster, Brad Weisenstein
Per-mile driving tax proposal introduced in Illinois House
Per-mile driving tax proposal introduced in Illinois House
New House bill would create a pilot program to test the feasibility of a per-mile driving tax.
Pritzker ‘fair tax’ could cost Lombard families nearly $900
Pritzker ‘fair tax’ could cost Lombard families nearly $900
Gov. J.B. Pritzker claims his progressive income tax hike will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
By Austin Berg
House Bill would repeal Illinois estate tax, protect family farms
House Bill would repeal Illinois estate tax, protect family farms
Illinois is one of just a handful of states that double-taxes people when they die by imposing its own estate tax atop the federal tax. A bill that would repeal Illinois’ estate tax could save family farms.
By Brad Weisenstein
Illinois government has a lot of problems, revenue isn’t one of them
Illinois government has a lot of problems, revenue isn’t one of them
Illinois families deserve better than to be told the only real solution is in their pocketbooks.
By Austin Berg
Chicago alderman wants ‘robot tax’ on Amazon HQ2
Chicago alderman wants ‘robot tax’ on Amazon HQ2
Amazon pulled its HQ2 out of New York City, so Chicago is considering imposing a “robot tax” on companies looking to automate their way around high labor costs.
By Vincent Caruso
Pritzker ‘fair tax’ could hike taxes on typical Highland Park family by up to $3,800
Pritzker ‘fair tax’ could hike taxes on typical Highland Park family by up to $3,800
Middle-income families in Highland Park would see a massive tax hike under the “fair tax” models praised by Illinois Gov. J.B. Pritzker.
By Vincent Caruso
Property tax rates nearly double since 2007 as residents leave Harvey, Illinois
Property tax rates nearly double since 2007 as residents leave Harvey, Illinois
Declining home values and a shrinking tax base have created a bigger property tax burden for Harvey, Illinois, homeowners. For their higher taxes, residents get corruption, debt and fewer services.
By Vincent Caruso
Blank check: Illinois lawmakers file progressive income tax amendment
Blank check: Illinois lawmakers file progressive income tax amendment
An amendment to scrap Illinois’ constitutional flat tax protection is gaining sponsors in the Illinois Senate. Lawmakers have refused to discuss rates since those details killed the last progressive tax attempt.
By Adam Schuster
Moody’s: New taxes could accelerate Illinois exodus
Moody’s: New taxes could accelerate Illinois exodus
Ahead of Gov. Pritzker’s first budget address, one of the “big three” credit rating services warned the new governor against raising taxes.
By Vincent Caruso
Make no mistake, a progressive tax is a tax hike on you
Make no mistake, a progressive tax is a tax hike on you
Political promises aren’t much protection for middle class pocketbooks.
By Austin Berg