Illinois households pay nearly $9,500 on average in state and local taxes, which at 15% of their income is the nation’s highest. WalletHub finds gasoline taxes pushed Illinois to No. 1.
Illinois Gov. J.B. Pritzker continues to run the state’s COVID-19 response by executive mandate, with state lawmakers still silent 10 months into the pandemic.
Property taxes in Illinois are nearly double the national average. Until state lawmakers trim down thousands of local governments and pursue pension reform, those bills wills remain high.
Illinois Gov. J.B. Pritzker has used his private fortune to pay $3 million in state expenses, including boosting salaries of 16 top staffers. Some lawmakers want the ‘unethical’ practice to stop.
Illinois Senate President John Cullerton is championing a bill to merge more than 640 local police and fire pension funds into two investment pools. With lawmakers returning to Springfield for veto session, action on the bill may be near.
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.