On average, more than 4.7 million voting-age Illinoisans live in districts where there was only one option for the state House on the ballot, undermining their representation. Roughly half of all Illinois House races were uncontested under Illinois’ gerrymandered 2011 district map.View Report
State lawmakers passed a bill allowing local governments to waive licensing fees and registration costs for businesses harmed by the COVID-19 pandemic, but it won’t spare them from state taxes.
Combine the corporate tax rate President Joe Biden wants to fund his infrastructure plan with Illinois’ tax, and the resulting rate would be 35.4% – fifth highest in the nation and second in the Midwest.
More small businesses have closed in Illinois than in any other Midwestern state, except Michigan. Taxing them more as they struggle is the wrong move.
COVID-19 prompted $7.5 billion in federal relief, but state revenues were up during the past 8 months. Delayed tax due dates were partly responsible, but revenue even grew where it should have declined. So why should small businesses have to come up with $2 billion more?
The pandemic has affected everyone, but the economic fallout has been especially devastating for specific groups. In addition to retailers, restaurant owners and other small business owners, women, working mothers and Black Illinoisans suffered the worst in terms of job losses.
Small businesses got federal tax relief to handle the COVID-19 economic downturn. Now Springfield is trying to take away the same break on state taxes, costing the state’s main job creators $1 billion with hundreds of thousands of Illinoisans still out of work.
Federal tax relief was championed so small businesses could better deal with COVID-19 economic impacts. Gov. J.B. Pritzker wants to undo that relief to keep $1 billion in state taxes from Illinois small businesses.
Congress provided tax benefits for business losses in the CARES Act to help offset economic challenges during the pandemic. Gov. J.B. Pritzker wants to undo that relief to raise revenue for Illinois.
Ownership of bars and restaurants also has declined over 70%, thanks to COVID-19 and associated restrictions
A “conservative” estimate predicted 20% of Illinois restaurants would not survive COVID-19 closure orders, but predictions ranged as high as 85%. Some are fighting back.