Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
The probe potentially opens up a new front in authorities’ investigation of House Speaker Mike Madigan: the property tax appeals game from which he has made millions.
Federal agents raided the offices of three suburban villages, including one governed by a mayor who doubles as a Cook County commissioner. All three are in the district of state Sen. Martin Sandoval, also the subject of a federal raid.
Turmoil overseas for the world’s leading exporter of crude oil will mean more pain at the pump for Illinoisans, after enduring a doubled state gas tax in July.
Data from the American Petroleum Institute confirms doubling Illinois’ motor fuel tax will bring total taxes paid at the pump to third highest in the nation, up from 10th highest a year earlier.
Starting today, the state’s tax on motor fuel will double from 19 cents to 38 cents per gallon. The hike pushes Illinois from 10th to No. 3 in the nation for high gas taxes.
Illinoisans will shoulder one of the nation’s heaviest tax burdens at the pump – and the DMV.
A new governor and Democratic supermajorities have retained the same chaotic budgeting process that has brought the state’s credit rating to near-junk status.
Illinoisans would end up paying more at the pump under Gov. J.B. Pritzker’s proposed capital plan.
Illinois Gov. J.B. Pritzker will not selectively hand out infrastructure projects as a way to buy support for proposals to increase taxes and fees, should he stick to his word.
A nationwide gas price surge reached its peak just ahead of Memorial Day weekend, with Illinois gas prices sitting above the national average.