Illinois taxpayers are fed up and overtaxed. Residents have little faith that their governments are spending their tax dollars well – and for good reason. The state’s most recent spending plan is out of balance by as much as $1.5 billion, and includes $54.2 million in wasteful spending and $27 million in pork-barrel spending. The...View Report
Rising pension costs in Illinois’ fifth-largest city are pushing Rockford near the edge of a fiscal cliff – a fate that officials are looking to reverse with a series of steep public service cuts.
The highest-earning government employee in at least five municipalities far outpaces what typical local taxpayers in those areas bring in.
In an effort to close a $7.4 million shortfall, the city of Evanston’s proposed budget for the coming fiscal year includes police and fire cuts along with a string of tax hikes – highlighting the need to trim government waste and push for structural reform in Springfield.
Large pension payouts in the face of flat incomes for taxpayers raise questions of fairness.
Over half of survey respondents have considered leaving Illinois, citing dysfunctional government, disappointing job opportunities and – above all – high taxes.
The village of Hoffman Estates took over Sears Centre Arena in 2009, but the multi-purpose stadium has yet to turn an annual profit on its own.
The county board approved a $3.5 million property tax levy increase for 2019.
Despite finding favor among some politicians and political candidates in Illinois, states with a progressive income tax are more vulnerable during recessions than flat-tax states.
As a result of the U.S. Supreme Court’s decision in South Dakota v. Wayfair Inc., most online purchases in Illinois will now be subject to automatic collection of the state’s 6.25 percent use tax.
The proposed City Council ordinance would hike Chicago’s sales tax on liquid nicotine and mandate that stores keep vaping products below the counter.