Amendment 1 would enshrine permanent power for public unions in the state constitution which could mean higher taxes, higher costs, and potentially costly litigation for business owners.
Rising gas prices show no sign of stopping. Average gas prices in Illinois are more than $5 a gallon, thanks in part to the nation’s second-highest motor fuel tax.
Illinois lost more than 100,000 residents and $8.5 billion on net in adjusted gross income to other states from 2019-2020, according to new federal tax return data. Those leaving earned $31K more than those coming in.
The second-highest motor fuel tax in the nation keeps Illinois’ gas prices the highest in the Midwest. Diesel hits a record as the average gas price moves close to a record.
While Illinois settles for Pritzker’s temporary relief that mostly expires after the November election, its neighbor states are making long-term changes to help grow their economies.
Springfield lawmakers will be the fourth-highest paid legislators in the nation after giving themselves a $2,700 raise in the 2023 state budget. Lawmakers’ salaries have increased 8% since Gov. J.B. Pritzker took office.
Drivers save 45 cents a gallon on gas by filling up at a station across the state line in Missouri, thanks to Illinois boosting gas taxes to No. 2 in the U.S. Gas station owners said Illinois drivers are filling up in other states.
Illinois’ employment recovery continued in March, but the state is still missing one in five jobs lost during the COVID-19 pandemic’s economic downturn and state restrictions.
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.