A federal judge ruled Cook County is illegally settling minor property tax debts by seizing the full value of properties. Illinois law still allows the practice.
If Illinois state lawmakers are not going to spend the $3.3 billion sitting in the state’s road fund, drivers should get a break from the taxes going into it. Illinois gasoline taxes are No. 2 in the U.S.
Across Illinois, homeowners are losing their homes and all their equity over minor tax debts, with private investors reaping the profits. Illinois is one of the remaining states hasn’t reformed this unconstitutional practice.
With the budget facing a potential $1.2 billion deficit, some ideas on the table include taxing deliveries from companies such as Amazon and digital ads.
If Illinois state lawmakers follow the Chicago Teachers Union’s push for a 7.92% base corporate tax rate, it can severely hurt Illinois’ competitiveness. Job creators do not need another reason to abandon Illinois.
The Chicago Teachers Union and its partners are pushing nine new or higher taxes that could end up costing Illinoisans $7.3 billion more starting July 1. Their scheme to fill a proposed state budget deficit is likely to backfire and shrink the tax base.
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...