Moody’s: New taxes could accelerate Illinois exodus
Moody’s: New taxes could accelerate Illinois exodus
Ahead of Gov. Pritzker’s first budget address, one of the “big three” credit rating services warned the new governor against raising taxes.
Ahead of Gov. Pritzker’s first budget address, one of the “big three” credit rating services warned the new governor against raising taxes.
As Pritzker’s minimum wage bill advances to the House, the new administration’s first major victory may come with a $1.1 billion price tag, courtesy of Illinois taxpayers.
Political promises aren’t much protection for middle class pocketbooks.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Kane County could see a significant tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
While progressive tax proponents champion the measure as a “tax on the rich,” middle-income families in Arlington Heights would see a massive tax hike under the income tax models praised by Illinois Gov. J.B. Pritzker.
As Pritzker’s minimum wage bill advances to the Senate floor for a vote, the new administration’s first major victory would come with a $1.1 billion price tag, courtesy of Illinois taxpayers.
The proposal would lower all local governments’ property tax levies by 10 percent and then freeze them in Illinois. Any future increase would require voter approval.
The Opioid Alternative Pilot Program launched Jan. 31, giving more Illinoisans the option to treat pain with medical marijuana in place of opioids.
Former Gov. Bruce Rauner vetoed the bill before leaving office, but bipartisan support in the General Assembly may send it back to the governor’s desk.
Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...
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.
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.
NEA and AFT racked up millions of dollars in travel and catering expenses. Their reporting documents don’t always explain the intent, including why a cruise line received union money.