Civic leaders across the state have signed onto an open letter declaring their opposition to a progressive income tax, as momentum continues to build against Gov. J.B. Pritzker’s signature proposal.
Illinoisans are among the nation’s most heavily taxed residents. A proposed Illinois constitutional amendment would make it harder for lawmakers to add to that burden.
Lawmakers using the Center for Tax and Budget Accountability to convince constituents how great a progressive tax could be for Illinois are doing a disservice. Here are the straight tax facts.
An Illinois-based energy company will halt construction on a planned $500 million plant, a casualty of the Land of Lincoln’s hostile business environment.
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.