If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
State Rep. David McSweeney, R-Barrington Hills, is working on the framework for a bill that would dramatically improve taxpayers’ ability to eliminate township governments, of which Illinois has about 1,400.
The Illinois House on July 2 passed Senate Bill 9, which includes a 32 percent income tax hike. State Rep. David McSweeney filed a bill that would repeal that permanent tax hike should it become law.
The state’s bill backlog is expected to hit $22.7 billion and pension costs are predicted to grow 14 percent by fiscal year 2018.
Illinois currently has the highest start-up fees in the country, further burdening the already-unfriendly business climate in the state.
Illinois’ EDGE tax credit program expired April 30; however, proponents of EDGE have passed a one-month extension in the Illinois House of Representatives.
Illinois House Bill 4039 would reveal publicly the names of state lawmakers who haven’t filed their state tax returns.
With bipartisan support, members of the Illinois House adopted a resolution opposing the internet streaming tax proposal – which might not even be legal — in the Senate’s “grand bargain.”
Legislation with bipartisan support in the House would oppose the internet streaming tax proposal – which might not even be legal – in the Senate’s “grand bargain.”
Lame-duck session allows lawmakers already ousted by voters to act with reckless abandon before leaving the Statehouse.
Illinois needs structural reforms to fix its fiscal problems, not a tax hike by lawmakers on their way out the door.