Property taxes are the single largest tax in Illinois, burdening residents far more than either income or sales taxes. Illinoisans already know they pay high property taxes. But what is not as well known is that property taxes are outpacing residents’ ability to pay for them. Over the past 50 years, whether measured in comparison...
Since 2010, Illinois has lost on net 2.6 percent of its taxpayers and dependents, along with billions of dollars of taxable income, dwarfing the rates of out-migration of other Midwestern and neighboring states.
Illinoisans pay nearly a quarter of their wireless bills in taxes, while Chicagoans pay more taxes on wireless service than residents of any other major city in the country.
Although Illinois’ top earners make more than most of their regional counterparts, Illinois’ bottom quarter of earners have the lowest wages in the Midwest
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...