States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.View Report
The city's budget for fiscal year 2019 was accompanied by increases in sales and telecom taxes. But local officials still anticipate a deficit.
A potential 2 percent dine-in tax imposed on Springfield restaurants has yet to be introduced, but the idea - which other towns have tried - is not a welcome one.
Springfield won’t let millions in unpaid utility bills get in the way of nonessential spending.
The culture of silence will end eventually. And when it does, it will be with a deafening roar.
Illinoisans from all areas are leaving the state in droves, and Springfield lawmakers need look no farther than the state capital to see the proof.
The ratings agency cited the city’s “considerable growth” in pension debt in its Oct. 28 downgrade to A3 from A1.