The Illinois Department of Revenue issued details on how to comply with the state’s increase income tax, signaling the reality of higher taxes for Illinoisans.
Senate Bill 1719 would impose a 20 percent surcharge on fees earned by investment managers, but the spring legislative session ended with the Illinois House failing to call the measure for a vote.
The American Federation of State, County and Municipal Employees claims to be seeking a “fair contract” on behalf of Illinois state workers. But the power and influence exerted by the state’s largest government-worker union means the bargaining table almost always tilts in AFSCME’s favor. The reality is that AFSCME is the power player in negotiations...
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.