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
Nearly half of the 20 tax and fee hikes passed to support a record $40 billion state budget and $45 billion infrastructure plan hit on New Year’s Day.
Illinois will impose a new sales tax on vehicle trade-ins beginning New Year’s Day. That’s why car dealerships have been running radio ads for weeks telling Illinoisans to come on down before the ball drops.