The budget plan proposed by Republican General Assembly members would raise taxes by over $5 billion without enacting any significant spending reforms.
Illinois Republicans’ budget plan hikes taxes by $5 billion
The Republican plan hits Illinoisans in fiscal year 2018 with the same $5 billion-plus tax hike from the “grand bargain” plan that failed in May. That plan starts with a 33 percent income tax increase, and includes questionable new taxes on services such as Netflix, laundry services and more.
Illinois Senate Democrats pass $5.4B tax increase
Each Illinois household would pay an additional $1,125 in taxes each year, on average, under the Senate's tax-hike plan.
Illinois Senate proposal would tax home repairs
Members of the home building industry say Senate Bill 9’s tax on home repairs would fall hardest on Illinois’ middle-class and senior residents.
‘Grand bargain’ redux: Brady plan the next in a long list of failed ‘compromises’ for Illinoisans
Only in Illinois could a budget deal that hits struggling Illinoisans with billions in new taxes be called a “grand bargain.”
Illinois lawmakers want to tax laundry, storage unit services
Senate Bill 9 would apply a 6.25 percent sales tax to laundry, dry cleaning, storage units and parking garages, among other services.
Illinois lawmaker proposes taxing landscaping and other lawn services
SB 9 is part of the package of bills that make up the Senate “grand bargain,” which would have hiked taxes by $7 billion.
The latest budget proposal for Illinois: A no-tax-hike plan
The Taxpayer Bargain finally shifts the budget conversation in favor of taxpayers over politicians, with a plan that balances the state budget without tax hikes.
Why are Illinois Democrats preparing to bail out bankers and cash-strapped local governments?
Bailout bills moving in the Illinois General Assembly would attempt to turn Illinois’ massive debt problems into guaranteed profits for banks and bondholders and a lower standard of living for other Illinoisans.
Luxembourg’s ambassador sends letter to Illinois House leaders
Luxembourg’s ambassador to the United States has voiced objections to an Illinois House bill that would label Luxembourg a tax haven and subject corporations expatriated there to restrictions on investments and business dealings with the state of Illinois.