Illinoisans who have struggled without paychecks because of the COVID-19 shutdown could get a delay on their property taxes. The hope is they are working again before they must pay the bill.
Illinois residents pay more of their income toward state and local taxes than any other state’s residents. A progressive income tax proposal on the ballot in November would raise the state’s total tax burden by $3.7 billion.
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.