Illinois

Illinois’ tax shell games means taxpayers can’t hold their governments accountable

By Craig Lesner
04/26/2016
In 2015 alone, Illinois state government redistributed more than $12 billion in income and other taxes to local governments. These financial shell games have created a needlessly complex system and make it difficult for local taxpayers to hold their governments accountable.

TAGS: LGDF: Local Government Distributive Fund, local government, PPRT: Personal Property Replacement Tax, taxes

Property-tax freeze bill passes Illinois House

By Hilary Gowins
04/26/2016
illinois-property-tax
House Bill 696 would freeze property taxes across the state. Under the plan, local governments could still increase rates, but only with approval from voters. The bill doesn’t apply to home-rule governments, however. That’s no small exemption: 7.8 million Illinoisans live in a home-rule municipality such Chicago, Naperville or Peoria. This number also doesn’t account for Cook County, which is also home-rule, and would be exempted from this property-tax freeze.

TAGS: property taxes