The largest permanent income tax hike in Illinois history was followed by a slide to 34th least-free state in the union, behind nearly every neighboring state.
Chicago Mayor Lori Lightfoot wants state lawmakers to let her impose progressively higher real estate transfer tax rates to close a $838 million budget deficit. She faces a limited time window and resistance from state lawmakers.
Sources have identified state Sen. Terry Link as the FBI’s witness in their investigation into former state Rep. Luis Arroyo. Tax troubles may have led to Link’s cooperation.
An annual financial report from Gov. J.B. Pritzker’s office forecasts a gloomy fiscal future for Illinois and pushes his false choice between dire spending cuts or a flawed progressive tax plan.
New academic research on a progressive income tax hike in California should be a warning to Illinois voters deciding on Gov. J.B. Pritzker’s progressive income tax hike in November 2020.
Gov. J.B. Pritzker just bumped up funding for road construction to a non-existent airport to $205.5 million, paid in part with his doubled gas tax. The airport remains a distant idea, but the road will soon be concrete.