A bill in Springfield proposes delaying the Jan. 1 state gas tax hike. If it fails, drivers will see two gas tax hikes in 2023, expected to take the tax to over 45 cents a gallon.

The state collects no sales tax on trade-in value, but that changes next year. Car dealers call the $60 million to be collected ‘double taxation’ because trade-ins were taxed when purchased.

by Dan Proft In January of this year, Gov. Pat Quinn, House Speaker Mike Madigan and Senate President John Cullerton passed the largest tax increase in Illinois history. They proceeded to spend much of 2011 carving out special exceptions to the tax hike for politically powerful Illinois employers. This week, Sears and the CME Group...