Chicago Mayor Brandon Johnson secured approval for his $830 million borrowing plan but can no longer use the money to benefit his cronies at the Chicago Teachers Union. The city just grew its nearly $41 billion in debt.

A new report from the Tax Foundation shows the typical Illinois taxpayer will save big thanks to the constitutional protections of Illinois’ flat tax. Some state lawmakers want to take that protection away.

Gov. J.B. Pritzker’s 2026 budget includes record spending, cuts to economic development and overreliance on short-term revenue tricks—including a cleverly hidden tax hike, leaving significant work for the state to reach financial stability.

A new bill would repeal an outdated Illinois business tax. The franchise tax is tough to calculate, most businesses don’t owe it and it generates little revenue in a state that already hits businesses hard with other taxes.

Illinoisans pay the second-highest gas taxes in the nation at more than $0.84 per gallon. Only California charges its drivers more.