Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
Illinoisans already pay some of the highest taxes in the country at the pump. But a political problem for Gov. J.B. Pritzker could mean they’ll pay even more.
A bill that would double the gas tax imposed at the state level would drive up Illinoisans’ overall gas burden to second-highest in the nation – while hiking a truckload of other vehicle costs including higher license plate fees.
Robert Schillerstrom submitted his resignation after chairing the Illinois tollway for four years. An investigation revealed the outgoing chairman doled out hundreds of millions of dollars in patronage contracts.
Illinois already taxes 20 cents more per gallon of gasoline than Missouri. If state lawmakers add another 30 cents per gallon, expect an exodus of southwestern Illinois drivers buying gas and more in St. Louis.
Springfield is facing mounting pressure to enact a massive state gas tax hike. One proposal would make the average motorist pay as much as $200 per year in additional taxes on gas.
Illinois stands above its peers when it comes to taxing residents. But Chicago makes it really something to behold when visitors see that famous skyline with all its tall taxes.
Departing Chicago Mayor Rahm Emanuel accelerated calls to boost Illinois’ gas tax to pay for local transportation projects.
Outgoing Chicago Mayor Rahm Emanuel’s administration is looking to make inroads on an increase in Illinois’ gas tax.
Chicago Mayor Rahm Emanuel is reportedly gunning for a transportation bill that could come with an increase in the gas tax.
With countywide population dipping, remaining taxpayers in Macon County are being left with an ever-increasing property tax bill.