Only 51 percent of black adults reported having some form of work in Illinois.View Report
Madigan has stared down Gov. Bruce Rauner for more than 700 days and Rauner just blinked.
The Illinois Republicans’ budget proposal includes billions in tax hikes and has an ineffective spending “cap” that will likely result in deficit spending by 2020. The plan’s lack of reforms sets taxpayers up for a permanent tax hike in 2022.
Progressive tax proposals by Illinois Democrats would punish those in Illinois’ middle class who earn $50,000 or more and make the state even less competitive with its neighbors.
Local spending drivers need to be reformed to truly relieve taxpayers of Illinois’ highest-in-the-nation property taxes.
Despite $30 billion in extra tax revenue, the politicians who passed Illinois’ 2011 income tax hike failed to solve Illinois’ pension crisis or pay off the state’s bill backlog.
Senate Bill 1719 would impose a 20 percent surcharge on fees earned by investment managers, but the spring legislative session ended with the Illinois House failing to call the measure for a vote.
An income tax hike to 5 percent makes a call for a progressive tax system during the 2018 gubernatorial race a much easier sell.
Motorists in Chicago face higher gas prices than the national and state average, due in part to the multiple layers of taxes heaped upon by state, county and local government.
While the Better Government Association has claimed Illinois’ budget contains no fat to trim, a deeper analysis reveals the state has many areas of expensive inefficiency to reform in state and local government costs, the Medicaid program and K-12 education.
Each Illinois household would pay an additional $1,125 in taxes each year, on average, under the Senate's tax-hike plan.