Though U.S. gas prices have dropped to near all-time lows, Illinois’ state and local taxes make gas costlier in the Land of Lincoln than in neighboring states.
Motorists in Chicago face higher gas prices than the national and state average, due in part to the multiple layers of taxes heaped upon by state, county and local government.
SB 3267 would introduce electronic driver tracking, and create a behemoth bureaucracy to keep tabs on Illinois drivers and figure out how to process tax credits.
While Illinois motorists have seen the country’s second-highest increase in gas prices, Chicagoans pay even higher prices at the pump due to multiple layers of city, county and state taxation.
While gas prices have dropped to a 12-year low in Illinois, Chicagoans pay $0.32 more per gallon than the state average due to multiple layers of city, county and state taxation.
An estimated 32 million drivers will hit the road this Memorial Day weekend, according to AAA. And those leaving from the Chicago area will feel much more pain at the pump. The national average for a gallon of gas is $3.65. In Illinois, the average price per gallon is $3.83. But the average price per...
The price of gas in the U.S. is going up, and Chicago is leading the charge. NBC Chicago reported that the average U.S. price of a gallon of gasoline has risen 5 cents in the past two weeks. And Chicagoans are paying $4.18 per gallon of gas on average. That’s the highest price per gallon...
Chicago has the highest gas prices of any major metropolitan area in the United States. A gallon of gas is now $4.06 on average in Chicago; the national average is $3.56. Though outside factors influence the raw price of gas, one of the reasons Chicago’s prices are consistently among the most expensive in the nation is the additional...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.