Illinois

Tax Day: Here’s how your $4K in state income taxes is spent

By Lauren Zuar, FJ Hilgart
04/15/2025
Just over 5% of the average state income tax return supports economic development and public safety, while almost 28% goes to government worker pensions and benefits. Here’s a breakdown of how Illinois will spend your state income taxes.

TAGS: Tax Day

Illinois might revive back-to-school sales tax holiday

By Dylan Sharkey
04/09/2025
Illinois lawmakers are looking at a bill that would cut sales taxes during back-to-school shopping. Illinois hasn’t had a sales tax holiday in years. The bill would lower the state sales tax from 6.25% to 1.25% on clothes and school supplies for six days in August 2025.

TAGS: sales tax