If Illinois adopted Virginia’s spending habits along with policies that can reduce costs and raise home values, the Prairie State could vastly reduce the property tax burden that Illinois homeowners currently face.View Report
A recent study confirms what too many Illinoisans have discovered firsthand: that they’re among the most overburdened taxpayers in the country.
Madison County voters have twice turned down a proposed sales-tax hike to fund school facilities projects, but the proposal will appear again on March primary ballots. If approved, shoppers in Collinsville and Granite City would see some of the highest sales tax rates in the country.
House Bill 5816 would put all Rock Island County property taxpayers on the hook for costs at the Quad City International Airport.
The $3.6 billion tax hike would cost the typical Illinois family $665 in additional income taxes.
A new resolution would put lawmakers on the record for supporting or opposing a tax structure that would likely lead to massive tax hikes on Illinois' middle class.
Some businesses would see license fees double, among other fee hikes meant to shore up city finances.
Scrapping Illinois' constitutionally protected flat income tax would remove one of the only pro-taxpayer policies the Land of Lincoln has left.
A bill in the Illinois House of Representatives would allow the Illinois Department of Labor to place a lien on a business owner's property should he or she fail to respond to an allegation of unpaid wages within five days.
State Rep. Emanuel "Chris" Welch has proposed a measure that would increase by 400 percent the personal property replacement tax imposed on partnerships, LLCs and other types of businesses.
Misplaced priorities in Illinois' education system may be the reason students are less prepared for college than peers in other states.