One Illinois county in the greater St. Louis area is losing so many residents it ranks No. 5 nationwide for population loss. Its neighboring county was one of the few in Illinois to grow.
Illinoisans needed extra time to pay all their federal, state and local taxes. As long as that took, a progressive state income tax would delay your freedom even more.
When it comes to taxes, everyone works for the government. Illinoisans worked 120 days – from Jan. 1 until April 30 – to pay the taxes they owe to federal, state and local governments.
Property taxes are the single largest tax in Illinois, burdening residents far more than either income or sales taxes. Illinoisans already know they pay high property taxes. But what is not as well known is that property taxes are outpacing residents’ ability to pay for them. Over the past 50 years, whether measured in comparison...
April 28 marks Illinois’ Tax Freedom Day. This day commemorates the point in 2014 when Illinoisans have worked enough to cover the rising cost of federal, state and local government. From now through the rest of 2014, Illinoisans finally will be able to keep the money they earn. Illinois’ high-tax environment pushed the state’s Tax...
April 25 marks Illinois Tax Freedom Day. This day commemorates the point in 2013 when Illinoisans have worked enough to cover the rising cost of federal, state and local government.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.