Illinois voters soundly rejected a progressive state income tax because it was a path to tax retirees. That isn’t stopping state lawmakers from trying again.
Across all five state retirement systems, typical career workers pay for about 5% of the cost of their pension benefits. They receive an average of $1.7 million to $3.6 million.
A trade organization is seeking to insulate the restaurant industry from competition in an Illinois Supreme Court battle over Chicago’s food truck regulations.
Senate Bill 2758 establishes a brand new governmental entity with a brand new governmental function: to establish and administer a “mostly mandatory” IRA retirement savings program for private-sector workers.
A member of our community sent the following email to Rep. Jack Franks (D-Woodstock), Sen. Pamela Althoff (R-Crystal Lake) and Gov. Pat Quinn. Subject: 6258 and 4% more the taxpayers will be on the hook for Mr. Franks, Ms. Althoff, Mr. Quinn, Although I agree that comprehensive pension reform must happen in Illinois, how can...