The effective state and local tax burden in Illinois has risen from 11.2% in 2019 to 12.9% in 2022. It is now the nation’s seventh highest.

Published Jan. 27, 2022 Illinois’ economy was shaken by the COVID-19 pandemic, but 2021 was supposed to be a year of recovery. Unfortunately, the policy climate continues to be the state’s biggest liability despite high vaccination rates, great natural endowments, a talented workforce, a large financial sector and a growing tech industry. While Illinois boasts...

Taxes are different on different types of candy in Illinois, with some brands taxed six times more than others. Just because you can eat it, doesn’t mean Illinois’ tax policy sees it as food.