Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
This page will be updated daily to reflect developments related to the spread of COVID-19 in Illinois.
The progressive tax amendment on the ballot Nov. 3 removes the constitutional prohibition on multiple taxation, in addition to removing the flat tax protection.
Pritzker has been pushing hard for a progressive income tax amendment as a way to generate $3.7 billion for state spending.
In the case of an epidemic like COVID-19, Illinois governors are given a wide range of emergency powers for a limited period of time.
Income taxes rose 32% for individuals and 33% for corporations in 2017, raising Illinois’ total tax burden to at least sixth highest from 10th highest. More than $1.2 billion went to pensions and debt.
Clay County Judge Michael McHaney said Pritzker’s emergency powers stemming from the COVID-19 outbreak lapsed on April 8, and any executive orders relating to COVID-19 finding their authority under those emergency powers are void.
In more than half of progressive tax states, the middle class pays the maximum state income tax rate.
State workers represented by AFSCME Council 31 will see pay increases averaging $1,343 starting July 1. Total cost of the raises is $261 million as COVID-19 continues depleting state revenues.
Illinois' credit rating is just one notch above junk, the lowest of any U.S. state.
Illinois public servants expect special privileges. And Gov. J.B. Pritzker is happy to oblige.