Combined state and average local sales tax rate tallies 8.85% in Illinois for 2024. That’s the highest in the Midwest and seventh highest in the nation.
Illinois will celebrate this Valentine’s Day knowing it broke up with 364,443 people since 2020. While they moved out for now, lower taxes could win them back.
Editor’s note: There is a lot of information coming at you every day, but not a lot of context. The Illinois Policy Institute is launching "Our Perspective" to give you our take on topics of the day so you can better shape your take on them.
The Chicago City Council is considering an ordinance to effectively ban natural gas in most new buildings, including gas stoves. Energy providers warn the policy could double heating costs for Chicago homes.
Illinois’ excise tax on wine is more than 4 times higher than the same bottle in New York or California. Buying in Chicago adds extra tax layers, hitting 6 times the taxes of other big cities.
Illinoisans will have wagered more than $300 million on football during December, or roughly $25 a person. Illinois is the second-largest sports betting market in the nation.
Illinois lost 83,839 residents who moved to other states, one of the highest rates in the U.S. and driving a 10th consecutive year of population decline. It ranks near the bottom on multiple other population measures, too.
Research shows income and adult literacy are strongly related. Data from the National Center for Education Statistics show 20% of Illinois adults are “functionally illiterate.” Cook County’s rate is 25%.
Streaming holiday movies or music? Chicago taxes it as the same rate as enjoying the same thing in person. The 9% amusement tax has included streaming services since 2015.
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...