Illinois

An Illinois wealth tax would be a legal disaster

By Ravi Mishra
10/29/2025
Illinois’ latest tax scheme, a 4.95% “wealth tax” on unrealized gains for billionaires, risks violating the state constitution, likely resulting in a long and costly legal battle.

Illinois’ trick-or-treating rules: What to know

By Jerry Barmore
10/27/2025
Halloween is when the masks go on and candy fills the bag. Cities and towns regulating Halloween with trick-or-treating rules do so for safety, so you should check your local Halloween laws.

Harvey needs a way out of its crippling pension debt

By Joe Tabor
10/27/2025
Harvey became the second city in 35 years to ask the state to step in under Illinois’ Financially Distressed City Law. It won’t address the main issue: growing pension liabilities.

What you need to know about Illinois’ candy tax

By Jerry Barmore
10/24/2025
Illinois’ candy tax doesn’t apply to any treats made with flour. Kit Kat, Twix and Snickers are all taxed as groceries, not candy, and come with a cheaper price tag.