DuPage County, Chicago drivers facing new gas tax hikes
DuPage County, Chicago drivers facing new gas tax hikes
The same law that doubled Illinois’ gas tax is now being used by DuPage County and Chicago to fill revenue shortfalls from COVID-19.
The same law that doubled Illinois’ gas tax is now being used by DuPage County and Chicago to fill revenue shortfalls from COVID-19.
Asking Illinoisans to pay more in taxes to receive less in services has been the trend in state government for the past decade, driven by the ever-growing cost of Illinois’ worst-in-the-nation pension crisis.
Two-thirds of voters polled favored a “fair tax” in March. On Election Day that flipped to 55% opposing it. Voters understood how the amendment could usher in retirement and other taxes, but tax proponents found it easier to claim deceit.
Gov. J.B. Pritzker’s push for his “fair tax” is headed for rejection by Illinois voters. State lawmakers now must face the public pension debt driving the state’s fiscal crisis.
Two advisory ballot initiatives will ask Madison County voters about automatic raises for lawmakers and public worker double dipping.
Illinois politicians do not have a great track record when it comes to keeping promises to taxpayers.
Property taxes are on the ballot in Madison, Winnebago and Champaign counties.
Members of Pritzker’s administration, advisors and lawmakers have suggested a progressive income tax should tax retirement income in Illinois.
When Illinois state lawmakers wrote the mail-in voting law, they decided voters who did not seek a mail-in ballot should receive a letter from the state, and then another.
Cook County property taxes have grown at triple the rate of the cost of living. The “fair tax” backers promise it will bring property tax relief, but the evidence refutes their claim.
The progressive income tax amendment would carry a hidden cost of $1,800 a year in lost home value for 3.2 million homeowners if Illinois sees the same impact as Connecticut.
Increased property and sales taxes will likely offset all savings from progressive income tax scheme.
Every state without an income tax has lower property taxes than Illinois. The progressive tax amendment includes no property tax reforms, so there’s no guarantee property taxes won’t rise as income taxes rise.
“The amendment just eliminates the requirement for a flat tax. The tax brackets and everything they’re talking about, or what the money would be spent on – none of that is guaranteed by the amendment.”