Despite taking up 20% of the state’s general funds and $11.6 billion in total, experts said lawmakers still underpaid the five statewide government retirement plans.
Gov. J.B. Pritzker’s proposed reduction of Illinois’ standard income tax exemption would increase taxes for over 11 million individuals. Some state leaders warn the effective tax hike would hit working families hardest.
Illinois is on an upward path, Illinois Gov. J.B. Pritzker said during his State of the State speech. True, by some measures. Not so much by too many measures that matter.
Gov. J.B. Pritzker is supporting an end to Illinois’ 1% grocery tax. Illinois is one of only 13 states with a grocery tax, and the only one of the nation’s 10 largest states.
Gov. J.B. Pritzker told Crain’s Chicago Business, “Illinois is back.” But with a long list of state and local fiscal and economic problems, that is more spin than reality.
Illinois Gov. J.B. Pritzker said he would extend the Invest in Kids tax credit scholarship program if a bill reaches his desk. State lawmakers on Oct. 24 return to Springfield.
Gov. J.B. Pritzker said he would oppose a financial transaction tax that Chicago Mayor Brandon Johnson wants as part of his plan for $800 million in new taxes.
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...