Jason Bauer: Walnut Acres
Jason Bauer: Walnut Acres
“The state was very unprepared for this PPE shortage. And it really is a state issue on this. Where’s their stockpile? I don’t see it. Even the health departments don’t have a lot to give you."
“The state was very unprepared for this PPE shortage. And it really is a state issue on this. Where’s their stockpile? I don’t see it. Even the health departments don’t have a lot to give you."
Illinoisans shoulder among the highest tax burdens of any state, and that should come with robust services. But soaring debt and pension costs have left too little room for the things residents need most from government.
Despite a massive national economic contraction, Pritzker is resisting calls to pull a large tax hike from the November ballot.
“Locksmithing tends to be one of those recession-proof businesses. Unfortunately, when others come across financial pain, we do better, but that all changes when all customers are forced to close."
“I need to pay bills. I’m just terrified, because I don’t know what’s going to happen next. “If my job does start back up, it will be five hours a week and I won’t be able to get unemployment. We need to pay our electric [bill]. We have to pay property taxes, water, Internet, phone...
The Federal Reserve announced unprecedented plans to directly purchase up to $500 billion in state and local government bonds. States with poorly managed finances, such as Illinois, stand to benefit most, but long-term threats loom without structural reforms.
“I see a lot of people supporting the bars and restaurants to help keep the small-town businesses alive, and I’m happy for them. But they forget about people like us. I’m not getting promotion from anyone but myself."
By granting broad new taxing authority to Springfield, the progressive income tax amendment makes a retirement income tax much more likely – a fact some supporters have acknowledged publicly.
Creason’s dream was to become a registered nurse. But for her and many like her in Illinois, that dream nearly died.
The severe economic downturn brought on by the coronavirus outbreak and measures taken to contain it could cause state personal income tax revenues to fall by 14.7% to 33.8% this year.
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.