Democrats in the Illinois House are leading the push for a constitutional amendment that would require the state to balance its budget – a feat state lawmakers haven’t achieved since 2001.
Illinois Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Illinois has more than 850 drainage districts. A bill in the Illinois Senate could eliminate some of those government units – and save the tax dollars that support them.
The Jeep Cherokee manufacturer plans to lay off nearly 1,400 workers at its Belvidere, Illinois, facility and invest $4.5 billion in a 6,500-job expansion in Michigan.
Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Rock Island County could see a tax hike under the income tax models praised by Illinois Gov. Pritzker.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Decatur could see a tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
Gov. J.B. Pritzker claims his progressive income tax will only affect the rich. But the typical Illinois family would face $3,500 in tax hikes to pay for Pritzker's spending promises.
For the second year in a row, a WalletHub study found Illinois’ high property tax burden is second only to New Jersey.
A proposal in the Illinois House would stop local government leaders from using public resources to fight efforts to consolidate any government unit.
Illinois Gov. J.B. Pritzker is arguing that Illinois should adopt income tax rates similar to neighboring Wisconsin and Iowa as a way to be more “competitive,” even though adopting those rates would mean tax hikes for middle-income families.
A report from one of the largest credit rating agencies criticized Gov. J.B. Pritzker’s “dubious” budget proposal for avoiding necessary fiscal reforms.
According to recent data, Illinois spends nearly double the national average on pensions, measured as a percentage of all state and local government spending.