Chicago leaders have been unable to finish developing valuable land after 23 years and $331 million in taxes, but convinced state leaders more time and money were needed.
Income taxes rose 32% for individuals and 33% for corporations in 2017, raising Illinois’ total tax burden to at least sixth highest from 10th highest. More than $1.2 billion went to pensions and debt.
Illinois Gov. J.B. Pritzker for the fourth time extended by 30 days his emergency powers to respond to the COVID-19 pandemic. Businesses and lawmakers are amending lawsuits in response.
Lawmakers made no serious attempt to balance the new budget, instead counting on a federal bailout. They accepted an $1,800 raise for themselves, while only making significant cuts to education.
Illinois Gov. J.B. Pritzker rescinded the rule that could have put defiant business owners in jail for up to a year. He first imposed it when his authority to close them during the pandemic was challenged.
The governor is poised to continually issue disaster proclamations to extend his emergency powers during the COVID-19 pandemic, but the General Assembly has a role to play in the crisis, too.