by Collin Hitt Illinois lawmakers are considering raising the state income tax. Different plans have emerged, but each would damage Illinoiss economic recovery. The plan that has been discussed the longest is one that would raise Illinoiss individual income tax from three to four percent, a 33 percent increase. More recent tax plans have emerged that...
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.