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.
Most Illinoisans don’t want to see Gov. J.B. Pritzker seek the Oval Office. Just less than a majority of voters support the job Pritzker is doing in Illinois.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.