Decades of institutionalized financial mismanagement left Illinois with the nation’s worst fiscal health. Illinois House Speaker Mike Madigan has been at the center of nearly every bad decision along the way.
Illinois politicians are already talking about taxing retirees, adding “surcharges” and city income taxes if they can convince voters to abandon the Illinois Constitution’s flat tax protection and give lawmakers greater taxing power.
The progressive tax amendment on the ballot Nov. 3 removes the constitutional prohibition on multiple taxation, in addition to removing the flat tax protection.
Independence Day turns many Illinoisans into scofflaws as they ignore rules banning most fireworks. The outdated laws mainly serve fireworks stands in border states.
Illinoisans who have struggled without paychecks because of the COVID-19 shutdown could get a delay on their property taxes. The hope is they are working again before they must pay the bill.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.