America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...View Report
Illinois Gov. J.B. Pritzker’s claim a rebate provides property tax relief doesn’t add up. Even after the rebate, homeowners will still have paid over $2,000 more in property taxes under Pritzker.
The government union-backed website claims Amendment 1 would put more money in the pockets of working Illinoisans, but the change could only benefit the 7% who are government employees. All families would pay $2,149 more in property taxes.
A change to the Illinois Constitution on the 2022 ballot would effectively transfer power over tax dollars from the people and their elected representatives to special interests. It would thwart any efforts to curb the nation’s second-highest property taxes.
Illinois households pay nearly $9,500 on average in state and local taxes, which at 15% of their income is the nation’s highest. WalletHub finds gasoline taxes pushed Illinois to No. 1.
Emergency services have been cut in Peoria because public pension costs are growing. Voters will be asked whether a property tax hike should fix the problem.
Chicago Mayor Lori Lightfoot is trying to raise revenue to close large revenue gaps partially brought on by the COVID-19 pandemic.
The progressive income tax amendment would carry a hidden cost of $1,800 a year in lost home value for 3.2 million homeowners if Illinois sees the same impact as Connecticut.