A new report from the Tax Foundation shows the typical Illinois taxpayer will save big thanks to the constitutional protections of Illinois’ flat tax. Some state lawmakers want to take that protection away.
Illinois is at risk of getting in costly trouble with the federal government over its Tier 2 public employee retirement benefits. Here’s a solution that doesn’t make the state’s monstrous public pension debt even worse.
Here's what the progressive tax looked like nearly five years ago when state lawmakers were pushing a plan to tax Illinoisans $3.6 billion more, starting with those making $17,300.
An Illinois state senator is reviving an effort to change Illinois’ income tax structure from a flat tax, even though voters soundly defeated the change in 2020. Expect higher taxes, retirement taxes if he gets his way.
Lame duck session was busy even when House Democrats weren’t focused on replacing Mike Madigan as speaker. Gov. J.B. Pritzker’s small business tax hike died as 23 bills were passed, including one making Chicago’s pension woes worse.
In 2018, Springfield handed Illinoisans more of the same repackaged policy failures. Lawmakers in the coming year should tape to their desks this wish list of taxpayer-friendly reforms.
State lawmakers overrode Gov. Rauner’s veto of a bill that allows one former firefighter serving as a Chicago alderman to credit his political salary toward a more lucrative fire pension. The pension boost will also apply to future aldermen with a history of fire department work.
AFSCME Council 31, its PAC and AFSCME headquarters are major political players, funneling millions of dollars every year to Democrats or self-proclaimed progressive organizations.
Despite finding favor among some politicians and political candidates in Illinois, states with a progressive income tax are more vulnerable during recessions than flat-tax states.