The average American will spend around $800 on gifts this Christmas. But making those holiday buys in Illinois will leave many families wishing they could get more bang for their buck.
New Year brings new laws as the 100thGeneral Assembly ends. Here are a few wins for Illinois taxpayers.
Illinois’ law mandating a minimum age for leaving children home alone is the most restrictive in the nation. That should change.
Other states’ experiences show progressive taxes creep beyond the rich and into the pockets of the middle class.
The Land of Lincoln is losing 313 residents per day to other states.
Cellphone taxes increased nationwide – and Illinois moved up to be the top taxer. Add another $157 in tax on Chicagoans’ wireless bills.
Illinois' current patchwork of sales tax exemptions, oftentimes carved out by special interests, makes for poor policy.
Departing Chicago Mayor Rahm Emanuel accelerated calls to boost Illinois’ gas tax to pay for local transportation projects.
Outgoing Mayor Rahm Emanuel is publicly pushing for a constitutional amendment to the state’s pension clause. Pension reform is the only way to combat rising property taxes and prevent further budget chaos in Illinois state and local governments.
Seal-Rite’s doors are hardly the first to close in Illinois and reopen in the Badger State.
Fitch Ratings has issued a warning about a pension plan pushed by one Illinois think tank, which includes no reform and would harm the state’s credit rating. The response from the Center for Tax and Budget Accountability proves how indefensible the plan really is.