The proposal would lower all local governments’ property tax levies by 10 percent and then freeze them in Illinois. Any future increase would require voter approval.
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But using the rates of states he wants to use as models, middle-income Illinoisans would see significant tax hikes.
Robert Schillerstrom submitted his resignation after chairing the Illinois tollway for four years. An investigation revealed the outgoing chairman doled out hundreds of millions of dollars in patronage contracts.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Libertyville would see a massive tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Lake County – home to the state’s highest property taxes – could see a big tax hike under income tax models praised by Illinois Gov. J.B. Pritzker.
Springfield is facing mounting pressure to enact a massive state gas tax hike. One proposal would make the average motorist pay as much as $200 per year in additional taxes on gas.