Illinois Income Tax

City May Collect On Overdue Fines By Docking State Tax Returns

Posted 02.14.2012

Do you owe the city of Chicago some money for an overdue parking ticket or other fines? Under a proposal approved Tuesday by the City Council Budget C...

State GOP Leaders 'Celebrate' Tax Hike Anniversary

Posted 01.12.2012

Leading Illinois Republicans on Thursday lashed out against the state's income tax hike as a "failure" one year to the day after it was approved by Go...

State Lawmakers Aim For More Corporate Tax Cuts

Posted 12.15.2011

Illinois House Republican leaders on Wednesday introduced a proposal that would roll back the corporate income tax hike that state Democratic leadersh...

WATCH: After Tax Hike, Las Vegas Coming After Illinois Businesses

Posted 05.25.2011

A new ad airing in Illinois is asking businesses in the state to try their luck elsewhere -- in Las Vegas, to be specific. The 30-second spot was m...

Despite Crowing, Illinois Income Tax Still Relatively Low

The Huffington Post | Will Guzzardi | Posted 05.25.2011

Since Illinois lawmakers passed a two-point income tax increase -- raising rates from three to five percent to address the state's dire budget crisis ...

Cash-Strapped State Passes 66% Income Tax Hike

AP | DEANNA BELLANDI | Posted 05.25.2011

SPRINGFIELD, Ill. — Illinois Gov. Pat Quinn defended a massive increase in state income taxes passed by lawmakers Wednesday and promised to quic...

Income Tax Hike Suddenly Looks Doomed

Posted 05.25.2011

For a moment Friday, it seemed as if it might actually happen. Governor Quinn, Speaker Madigan and Senate President Cullerton had reached an agreement...

Democratic Leaders Strike Deal On Income Tax Hike

Posted 05.25.2011

Leaders in Springfield appear poised to push for a temporary income tax increase of 2.25 percentage points, in order to help offset the state's massiv...

Quinn Tabling Income Tax Hike Push Until Next Year

Chicago Tribune | Monique Garcia | Posted 05.25.2011

Gov. Pat Quinn today suggested he'll wait until after Jan. 1 to push state lawmakers to approve an income tax increase, saying it would be easier to g...

Vote Looms On Income Tax Hike

AP | Kurt Erickson | Posted 05.25.2011

SPRINGFIELD -- A proposed 50 percent increase in the state income tax could be voted on in the Illinois House as early as Friday. With the clock tick...

AG Madigan Questions Income Tax Hike, Previews Governor Race Theme

AP/The Huffington Post | Posted 05.25.2011

Attorney General Lisa Madigan is raising questions about the income tax increase proposed by Gov. Pat Quinn, her potential opponent in next year's gub...

Illinois Income Tax Hike Coming: Quinn

AP/The Huffington Post | Posted 05.25.2011

Gov. Pat Quinn says some Illinois residents will have a "higher tax burden" when he announces his state budget plan next week to fix a deficit estimat...

Lisa Madigan Says Income Tax Hike 'Almost Impossible,' Hints At Gubernatorial Race Theme

Aurora Beacon News | ROWENA VERGARA | Posted 05.25.2011

Madigan also touched on the state budget deficit, which Lt. Gov. Pat Quinn has estimated at approximately $12 billion. One funding source that legisl...

Even With Severe Budget Gap Voters Oppose Tax Hikes, Politicians Behind Them: Poll

Daily Herald | Dan Carden | Posted 05.25.2011

SPRINGFIELD - Illinois voters largely oppose raising taxes to balance the state's budget or improve roads and say they will vote out lawmakers who sup...