If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
Illinois hasn’t had a budget in two years. And it’s been more than 15 years since the state had a balanced budget. But lawmakers – who are currently on a two-week spring break – continue to be paid.
Luxembourg’s ambassador to the United States has voiced objections to an Illinois House bill that would label Luxembourg a tax haven and subject corporations expatriated there to restrictions on investments and business dealings with the state of Illinois.
Proposed legislation to commemorate former President Barack Obama’s birthday as a state holiday in Illinois would have cost taxpayers nearly $20 million in state personnel expenses and lost productivity.