Does the Graduated Income Tax Plan Help Local Governments?
Supporters of a graduated income tax have emphasized its potential to stabilize the State of Illinois’ shaky finances and reduce pressure on local…
Supporters of a graduated income tax have emphasized its potential to stabilize the State of Illinois’ shaky finances and reduce pressure on local…
In the State of Illinois, non-home rule units of government located in counties subject to the Property Tax Extension Limitation Law (PTELL) are limited in the size of their annual property tax extension to 5% or the increase in the…
A key Illinois Medicaid panel has recommended that the State move away from costly and often ineffective…
A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively…
Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health…
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Governor J.B. Pritzker’s FY2020 budget features an array of revenue-raising proposals, such as…
Following an unexpected influx of income tax revenues in April 2019, Illinois Governor J.B. Pritzker has dropped a controversial proposal to delay funding for the State’s financially troubled pension funds. The pension holiday, proposed…