Budget + Tax

U.S. Supreme Court decision opens door for repeal of obscure Illinois tax

U.S. Supreme Court decision opens door for repeal of obscure Illinois tax

Illinois is expected to raise an additional $200 million in sales tax revenue due to changes in the new state budget and the U.S. Supreme Court’s decision in South Dakota v. Wayfair Inc. Lawmakers should offset this expansion of the sales tax by ending a $200 million harmful tax on business investment.

By Adam Schuster, Travis Nix

McHenry County state’s attorney: Consolidate townships

McHenry County state’s attorney: Consolidate townships

An investigation into the office of a former township official concluded with no criminal charges. But the probe did find evidence that calls into question the merits of township governance.

Rauner signs spending plan into law

Rauner signs spending plan into law

While it’s the closest the state has come to passing a balanced budget in years, Illinois’ new spending plan leaves a lot to be desired for taxpayers.

By Adam Schuster