Gov. Bruce Rauner issued an amendatory veto nixing fee hikes from a 911 service reauthorization bill lawmakers sent to his desk. Illinoisans already pay some of the nation’s highest taxes on their cellphones.
Term limits were once a key component of GOP plans to dismantle Illinois’ corrupt political machine, but Republicans in Springfield have thrown in the towel on this reform.
House Floor Amendment No. 2 to Senate Bill 9 would permanently increase the individual income tax rate to 4.95 percent and the corporate income tax rate to 7 percent, but would not expand the state sales tax to services.
The Cook County sugary drinks tax was set to go into effect July 1, but a circuit court judge has temporarily blocked the implementation of the tax in response to a lawsuit opposing it.
“I was born and raised on the South Side of Chicago. There’s just not a lot of jobs you can go to. “But we’ve grown a sustainable business. “If we close shop, the people in this community won’t have a place to go. Really the only jobs available are part-time for minimum wage … “People...
House Minority Leader Jim Durkin said he’s putting GOP votes on the spending plan that relies on more than $5 billion in new taxes.
Nine days of special session have cost Illinois taxpayers an additional $450,000 for just over two hours of work.
Much like other plans in the General Assembly before it, the House Democrats’ budget plan does nothing to structurally reform state government and bring down costs, but instead increases the burden on Illinois taxpayers.
The longtime lawmaker from Lemont, Illinois, will step down in the wake of the Senate’s failed “grand bargain.”
Polling shows that Illinoisans are overwhelmingly opposed to an income tax hike, and Illinois’ poor economic growth combined with wealth out-migration mean billions in tax hikes will only inflict further damage on a struggling state.
A new poll shows Gov. Bruce Rauner’s political base opposes the tax hike budget proposal the governor has supported. And Illinoisans who favor the tax hike budget proposal do not support Rauner.