Illinois’ self-employed workers have been unable to receive assistance since the pandemic began. Now the state wants them to apply, be denied, and apply again for help.
Struggling businesses, individuals and families need relief while the economy is shut down. Despite Illinois’ financial woes, leaders can help the recovery by lifting government-imposed financial burdens.
Illinois Gov. J.B. Pritzker on March 20 ordered state residents to stay home except for essential workers and trips for supplies. The order came as Illinois recorded its fifth death and 585 confirmed cases of COVID-19.
Faced with the impossible task of balancing Chicago’s budget without pension reform, Mayor Lori Lightfoot is forced to partially rely on phantom cuts and revenues.
The mayor proposed tripling ride-sharing taxes and fees on solo passengers downtown, on top of other increases, as the city confronts a nearly $1 billion budget deficit and a costly contract dispute with the nation’s third-largest teachers’ union.
Between the push for a graduated income tax, his budget address and newly released capital plan, Gov. J.B. Pritzker has proposed an onslaught of backdoor tax hikes on all Illinoisans.
The upward march of Illinois’ core cost drivers – pensions and government worker health insurance – cannot be paid for by tax hikes on small groups. Without reform, tax hike proposals on all Illinoisans will continue flowing from the Statehouse.
Illinois stands above its peers when it comes to taxing residents. But Chicago makes it really something to behold when visitors see that famous skyline with all its tall taxes.
Gov. J.B. Pritzker’s office is using a major capital bill as a vehicle to grease lawmakers for a progressive income tax amendment. But the tax hikes to pay for it would make Illinoisans’ gas tax burden the second highest in the nation.
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.