Illinois can do it the old way and raise taxes to deliver pork projects. Or Illinois can be smart and make each tax dollar work hard to deliver projects that help residents and the economy.View Report
Between the push for a graduated income tax, his budget address and newly released capital plan, Gov. J.B. Pritzker has proposed an onslaught of backdoor tax hikes on all Illinoisans.
The upward march of Illinois’ core cost drivers – pensions and government worker health insurance – cannot be paid for by tax hikes on small groups. Without reform, tax hike proposals on all Illinoisans will continue flowing from the Statehouse.
Lawmakers in the Illinois House of Representatives failed to override former Gov. Bruce Rauner’s veto of the “Tobacco 21” bill in November. Gov. Pritzker’s administration has signaled support.
Excise taxes have failed to rehabilitate Illinois’ failing fiscal health. But lawmakers have yet to kick the habit.
Chicago’s legal smoking age of 21 would have been expanded statewide under the proposal.
Pending the House’s vote and the governor’s signature, the bill would expand Chicago’s smoking age restriction statewide.
The bill would apply Chicago’s restriction on the smoking age to the entire state.
The Land of Lincoln is also the land of “sin” taxes, “saint” subsidies and other nanny-like policies, according to a new study.
Despite diminishing returns, the Prairie State has yet to kick its excise tax habit.
Illinois ranks eighth in the nation for state and local excise and selective sales tax collections.