Illinois cannabis taxes among nation’s highest, could keep black market thriving

By Austin Berg

01/09/2020

Springfield lawmakers have yet to learn the lesson that money walks. And it’s not just to other states. Sometimes, it walks past the legal dispensary with a 40% tax rate and into a dealer’s house.

TAGS: Chicago, Cook County, decriminalization, ILGA: Illinois General Assembly, Illinois, legalization, marijuana, medical marijuana, Springfield, tax burden, taxes, THC

Illinois license plate sticker among most expensive in the nation

By Ben Szalinski

01/01/2020

Illinoisans will be paying among the nation’s highest vehicle registration fees as part of a $45 billion infrastructure proposal pushed by Gov. J.B. Pritzker and the General Assembly.

TAGS: fees, JB Pritzker, taxes, vehicle registration

Chicago commuter will see $286 parking tax hike Jan. 1 under Pritzker plan

By Ben Szalinski

12/23/2019

Illinois Gov. J.B. Pritzker’s capital plan calls for an increased parking tax, just one of the new ways drivers will pay more in 2020.

TAGS: Chicago, JB Pritzker, parking tax, tax hikes, tax increase, taxes

2019 laws in review, Illinois lawmakers passed both nice and naughty bills

By Mindy Ruckman

12/20/2019

The Illinois General Assembly passed over 600 new laws in 2019. Some helped taxpayers, but many more hurt as they spent $85 billion while doing little to fix the pension crisis.

TAGS: AFSCME: American Federation of State County and Municipal Employees, capital plan, consolidation, Cook County, corruption, expungement, free speech, gas tax, government unions, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, JB Pritzker, lawmakers, Luis Arroyo, Martin Sandoval, Open Illinois Checkbook, progressive income tax, record sealing, Springfield, tax hikes, taxes, transparency, vehicle registration

Illinois’ high sales taxes turn holiday shoppers into Scrooges

By Ben Szalinski

12/19/2019

Illinois’ state and local sales taxes make shopping for gifts an expensive gesture of kindness every holiday season.

TAGS: Cook County Board, eBay, Etsy, gas tax, Illinois, Magnificent Mile, online sales tax, sales tax, tax burden, taxes, wireless tax

9 new Illinois taxes totaling $1.7B take effect Jan. 1

By Adam Schuster

12/15/2019

Nearly half of the 20 tax and fee hikes passed to support a record $40 billion state budget and $45 billion infrastructure plan hit on New Year’s Day.

TAGS: cannabis, cigarette tax, economy, electric car, electric vehicle, gas tax, graduated income tax, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, JB Pritzker, marijuana, motor fuel tax, New Year's Day, online sales tax, parking garages, parking tax, progressive income tax, registration fee, spending, spending cap, Springfield, tax hikes, tax increase, taxes, trade-in tax, vehicle registration

Gas tax and vehicle fee hikes erase Pritzker’s promise of progressive income tax relief

By Vincent Caruso

12/15/2019

The numerous tax and fee hikes in Gov. J.B. Pritzker’s capital spending plan more than offset the promised savings of the governor’s “fair tax” plan.

TAGS: fair tax, gas tax, graduated income tax, income tax, JB Pritzker, progressive income tax, taxes, vehicle registration

Bad Santa: Sobering ‘sin taxes’ in Illinois among nation’s highest

By Vincent Caruso

12/12/2019

Excise taxes have failed to rehabilitate Illinois’ failing fiscal health. But lawmakers have yet to kick the habit.

TAGS: alcohol tax, amusement tax, cigarette tax, excise tax, soda tax, taxes

Repeal Day: Prohibition ended 86 years ago, but Illinois’ alcohol taxes, regulations remain sobering

By Vincent Caruso

12/05/2019

With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. Illinois, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.

TAGS: alcohol tax, Associated Beer Distributors of Illinois, Bruce Rauner, capital plan, Chicago, craft beer, distillery, Hospitality Business Association of Chicago, ILGA: Illinois General Assembly, Illinois, JB Pritzker, Liquor Control Act, liquor laws, Midwest, prohibition, Sara Feigenholtz, soda tax, taxes, Toni Preckwinkle, vape ban, vaping, Wine & Spirits Distributors of Illinois

As nation celebrates small businesses, Illinois considers taxing them more

By Orphe Divounguy, Bryce Hill

11/27/2019

Most new jobs in Illinois are created by small businesses, yet state leaders are asking voters to hurt them by raising taxes on these employment dynamos.

TAGS: BLS: Bureau of Labor Statistics, entrepreneurs, Great Recession, Illinois, Illinois Constitution, investment, JB Pritzker, job creation, progressive income tax, s-corp, small business, spending cap, taxes, Tennessee, Texas