Local officials’ failure to address skyrocketing property taxes has pushed residents out of McHenry County at astonishing rates.
The new statewide sugary drink tax, on top of Cook County’s similar tax and Chicago’s highest-in-the-nation sales tax, would make soda prices in the city skyrocket.
The Illinois Senate’s proposed budget plan would raise the personal income tax rate to at least 4.95 percent with no real reforms to address the state’s skyrocketing debt and unsustainable spending. This proposal comes despite Illinois’ loss of $14 billion in annual income and hundreds of thousands of people in the wake of the 2011 income tax hike.
The Illinois Senate’s budget “compromise” hits Illinoisans with more than $5 billion in tax hikes, continued budget deficits and no real reforms.
Nippon Sharyo points to prototype difficulties and unspecified business concerns as the main reasons behind the layoffs.
Illinois’ state workers are the highest-paid in the nation when adjusting for cost of living.
Running out of ideas, the Illinois Senate takes aim at poor people to fund record-high state spending.
Illinois’ weak economic growth and population loss may signal the beginning of a financial death spiral.
Despite declining tax revenues and warning signs of a possible recession, Illinois lawmakers in Springfield are mulling tax hikes.
The Illinois State Board of Elections is accusing state Rep. Thaddeus Jones, who is now running for mayor of Calumet City, of misusing thousands of dollars of campaign funds.
The company plans on moving its white-collar workforce to Naperville, while keeping its manufacturing plant in Michigan.
AFSCME – the state’s largest government-worker union – spent two years pushing for contract provisions that would cost state taxpayers billions. Now that the union has lost before the state labor board, it has issued a “framework” for compromise. But that “framework” is merely a publicity stunt to make the union appear reasonable while union leaders threaten a strike to obtain contract provisions that burden state taxpayers.