Study: Illinois property taxes still second-highest in nation
Study: Illinois property taxes still second-highest in nation
For the second year in a row, a WalletHub study found Illinois’ high property tax burden is second only to New Jersey.
For the second year in a row, a WalletHub study found Illinois’ high property tax burden is second only to New Jersey.
A proposal in the Illinois House would stop local government leaders from using public resources to fight efforts to consolidate any government unit.
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
Pritzker’s first budget address exalted the graduated income tax as a solution to the state’s fiscal problems. Despite evidence to the contrary, the governor is urging state lawmakers to speedily advance the measure.
An Illinois House lawmaker has pulled a proposed per-mile tax from consideration less than a week after introducing it.
Getting behind bipartisan budget reform is the kind of bravery Illinoisans deserve from the executive branch. Instead, they’re getting more of the same.
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.
Illinois Gov. J.B. Pritzker’s proposed state budget includes an estimated $19 million to $23 million in new revenue from a statewide tax on plastic bags. Illinois would be the only state in the nation to levy such a tax.
Gov. J.B. Pritzker has pointed admiringly to other Midwestern states’ progressive income tax structures, but taxes on the median Illinois family would go up under all of them.
State spending has grown nearly 50 percent faster than Illinoisans’ incomes during the past decade. State Sen. Tom Cullerton, D-Villa Park, has proposed a constitutional spending cap that offers a long-term solution to the state’s budgetary problems.
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.
A progressive income tax structure in Illinois would mean tax hikes on the middle class. State Rep. Jerry Costello, D-Smithton, has joined the fight against a progressive tax hike in Illinois.
Illinois Gov. J.B. Pritzker has said his first year deficit is $3.2 billion, but he intends to spend hundreds of millions more than planned under previous baseline budgeting.
Fiscal notes serve as price tags on bills in the General Assembly. Lawmakers’ habit of omitting them limits their ability to make well-informed decisions.