Taxes are different on different types of candy in Illinois, with some brands taxed six times more than others. Just because you can eat it, doesn’t mean Illinois’ tax policy sees it as food.
Redirecting some of Illinois’ school district administrative overhead could attract top talent to the more than 4,100 teacher openings. The savings could be $1,317 per taxpayer in one veteran teacher’s hometown. Reform pensions, and that amount grows.
The Illinois Department of Employment Security was ill-prepared to handle record numbers of unemployed workers when the COVID-19 pandemic hit, was slow to distribute federal help, exposed Illinoisans' private information, then lefts thousands on hold awaiting answers. Here's the latest.
The Windy City tied with four other major cities as imposing the nation’s second highest sales tax on residents among 124 considered. The report warns the city’s new status could be costing Chicago businesses their competitive edge.
State revenue losses around the country have ranged from far less than expected to non-existent. Fiscally healthy states are giving back to taxpayers. That doesn’t include Illinois.
Out of 150 cities, Chicago came in almost at the bottom when the quality of city services and the total budget per capita were ranked, confirming what most Chicagoans already knew.
Illinoisans will pay nearly one-third more in taxes during their lives than the average American. They will pay almost double what Indiana and Kentucky residents will pay.
Leaders claimed the budget was balanced and included no tax hikes, but neither is true. Illinois state lawmakers for the 21st time passed a deficit budget – one that includes $655 million in new taxes and a nearly $1,200 raise for themselves.
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.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.