Survey: Illinois state, local taxes are highest in nation

By Ann Miller

03/10/2021

Illinois households pay nearly $9,500 on average in state and local taxes, which at 15% of their income is the nation’s highest. WalletHub finds gasoline taxes pushed Illinois to No. 1.

TAGS: gas tax, income tax, property tax, taxes

Hidden pension ‘tax’ costs each Illinoisan more than $1,400 per year

By Orphe Divounguy, Bryce Hill

03/02/2021

Illinoisans pay a hidden pension tax. Eliminating that cost would free up resources to help Illinois recover from the COVID-19 recession while also raising the state’s long-term economic potential.

TAGS: pensions, public sector, taxes

Illinois unemployment is again on the rise as Pritzker proposes business taxes

By Brad Weisenstein

02/25/2021

Unemployment claims bumped up for a second week in Illinois as Gov. J.B. Pritzker decided to push for 9 new taxes, mostly hitting businesses and job creation. Illinois ranked 49th for recovery last week.

TAGS: budget, COVID-19, JB Pritzker, jobs, labor, taxes, unemployment

Illinois’ mountain of debt will be Madigan’s fiscal legacy

By Adam Schuster

01/12/2021

Decades of institutionalized financial mismanagement left Illinois with the nation’s worst fiscal health. Illinois House Speaker Mike Madigan has been at the center of nearly every bad decision along the way.

TAGS: corruption, credit rating, debt, Mike Madigan, pensions, taxes

Reality check on 5 false claims used to boost Pritzker’s ‘fair tax’

By Orphe Divounguy, Bryce Hill

08/27/2020

Voters can expect to be bombarded by claims about the ‘fair tax’ until Nov. 3 – but what are the facts? Proponents have made misleading claims in hopes of convincing Illinoisans to do away with the flat tax.

TAGS: fair tax, flat tax, income inequality, income tax, JB Pritzker, progressive income tax, taxes

What Illinoisans need to know about the progressive income tax

By Orphe Divounguy, Bryce Hill

08/27/2020

Gov. J.B. Pritzker calls his $3.7 billion income tax hike a “fair tax.” But opponents have criticized the constitutional amendment as a blank check for House Speaker Mike Madigan and other state lawmakers, courtesy of Illinois taxpayers.

TAGS: fair tax, graduated income tax, Illinois Constitution, income tax, JB Pritzker, municipal pensions, pension guarantee, pensions, progressive income tax, property taxes, taxes

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

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