Illinois’ debt per student is the 11th highest of any state in the nation. It is almost 15 percent higher than the national average of $8,764.View Report
Alliance Steel Corp could bring 100 new jobs to Gary, Indiana.
In the wake of the city’s 2018 preliminary budget report, Mayor Rahm Emanuel is playing it close to the vest about whether to raise taxes.
Illinois parents will pay the Midwest’s highest sales taxes on back-to-school shopping.
The tax makes soda sold in Chicago among the most expensive in the country.
Illinois’ high cigarette tax is a flighty source of revenue with unintended consequences.
Tax hikes on struggling Illinoisans as the state is bordering on a recession, a lack of structural spending reforms, no true pension reform, $100 million in pork spending, and the continued threat of a junk credit rating are among the ways the new Illinois budget fails taxpayers.
The state will eat a 32 percent larger chunk out of most workers’ paychecks, retroactive to July 1.
The Illinois Department of Revenue issued details on how to comply with the state’s increase income tax, signaling the reality of higher taxes for Illinoisans.
The Illinois House of Representatives has completed an override of Gov. Bruce Rauner’s veto of a budget plan, including multibillion-dollar tax increases.
The Illinois General Assembly passed a budget, including the largest permanent tax hike in state history, without structural spending reforms. Gov. Bruce Rauner vetoed the plan on Independence Day, and the Senate voted to override the governor’s veto. The package now heads to the House for an override vote.