Evidence from Connecticut suggests the progressive income tax could cost Illinois homeowners substantial equity in their homes.View Report
Each year St. Clair County taxpayers must add money to keep MidAmerica St. Louis Airport open. COVID-19 could turn a hefty financial burden into an albatross.
Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.
Without true pension reform, St. Clair County homeowners will only continue to see the gap between their property taxes and home values grow.
Each year St. Clair County, Illinois, taxpayers must add money to keep MidAmerica St. Louis Airport open. While passenger traffic is increasing, so are expenses.
Residents in Illinois’ Metro East area are fleeing a growing property tax burden, fueling regional population loss.
One Illinois county in the greater St. Louis area is losing so many residents it ranks No. 5 nationwide for population loss. Its neighboring county was one of the few in Illinois to grow.
Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Illinois already taxes 20 cents more per gallon of gasoline than Missouri. If state lawmakers add another 30 cents per gallon, expect an exodus of southwestern Illinois drivers buying gas and more in St. Louis.
Pension payouts collected by the Belleville area’s top-earning school retirees underscore the need to reform Illinois’ unaffordable pension system.
Local leaders say more passengers will reduce the need for taxpayer money at MidAmerica St. Louis Airport. But as traffic rises, so too has the tab for St. Clair County taxpayers.