Illinois Taxes

Quinn Defends State Business Climate Again

Posted 02.13.2012

Illinois Governor Pat Quinn once again found himself on the defense this weekend after another Illinois CEO slammed the state's business climate. ...

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...

SB 397 Poised to Give $100 Million Handout to Wealthiest Corporations in Illinois

Mark Cassello | Posted 01.28.2012

Mark Cassello

Unless a groundswell of public outrage besieges representatives in Springfield tomorrow, the Illinois State Legislature is likely to approve an enormous tax carve-out designed to benefit two of the most profitable companies in the state.

Cook County Budget Outlines More Than 1,000 Layoffs; Tax, Fee Increases

Posted 12.24.2011

Cook County Board President Toni Preckwinkle's second budget, slated to be officially unveiled Tuesday, is expected to include layoffs of just more th...

Sears Leaving Illinois? Company In Talks With Two Other Locations

AP | DAVID MERCER | Posted 12.06.2011

CHAMPAIGN, Ill. — Sears Holding Corp. said Wednesday that it is talking with two prospective destinations for its headquarters even as it talks ...

Cook County Board President: Seniors Should Double Check Tax Bills

NBC Chicago | Posted 11.27.2011

Chicago seniors have been getting the short end of the stick by Springfield, lately. They had their free rides on buses cut. Budget cuts will limit...

Illinois Toll Rates Nearly Doubled By Board-Approved Hike

Posted 10.25.2011

The Illinois Tollway board voted nearly unanimously Thursday to approve a nearly 88 percent toll hike intended to fund a $12 billion, 15-year road con...

Toll Hike On The Way For Illinois Drivers?

Posted 09.27.2011

While Illinois' tolls already leave drivers digging deep into their pockets, the state's Toll Highway Authority Thursday announced a proposed toll inc...

15,000 Jobs Could Be Lost if Sears Leaves Illinois

Posted 07.09.2011

Since Illinois Governor Pat Quinn signed a controversial income tax hike into law, several big businesses with headquarters in the state have publicly...

Chris Christie Heads To Chicago, Wants To Lure Illinois Businesses To New Jersey

Posted 05.25.2011

Weeks after launching an advertising campaign that encourages businesses in Illinois to relocate to New Jersey, Gov. Chris Christie is heading to Chic...

Illinois Tax Hike Happening: Quinn Signs Bill

AP | Posted 05.25.2011

SPRINGFIELD, Ill. — Gov. Pat Quinn signed legislation Thursday that temporarily raises Illinois income taxes by two-thirds, risking a political ...

Neighboring States Celebrate Tax Hike, But Will It Really Help Them?

AP | CHRISTOPHER WILLS | Posted 05.25.2011

SPRINGFIELD, Ill. — While many states consider boosting their economies with tax cuts, Illinois officials are betting on the opposite tactic: dr...

'Do Or Die' For Massive Illinois Tax Hike

AP | DEANNA BELLANDI | Posted 05.25.2011

SPRINGFIELD, Ill. — Democrats in the Illinois House voted Tuesday to raise income taxes by two-thirds in a desperate and politically risky effor...

Todd Stroger Meets Econ 101

Paras Bhayani | Posted 05.25.2011

Paras Bhayani

Pity Todd Stroger, the embattled Cook County Board chief who, having served the machine faithfully, is now being tossed under the bus as voters turn their ire on tax-happy politicians.

THOUSANDS Swarm State Capitol SUPPORTING Tax Hike

Posted 05.25.2011

An estimated 15,000 people gathered at the Capitol in Springfield Wednesday calling for a tax increase that could stave off major budget cuts. The gat...

Illinois Tax Site Down On Tax Day

NBC Chicago | Posted 05.25.2011

Jeralyn Camp waited until the last minute to file her taxes, but she thought it would be no problem because she would just use TurboTax software and s...

Pat Quinn Gets Tough Question From Berwyn Child: 'Why Don't You Pay Your Bills?' (VIDEO)

Posted 05.25.2011

Gov. Pat Quinn visited a school in west suburban Berwyn Thursday night where he was greeted with children and parents holding signs that read "Governo...

Pat Quinn's Budget Address: The Morning After

Posted 05.25.2011

Pat Quinn criticized his own budget address while proposing it on Wednesday, and after the speech many writers and politicians were happy to share the...

Pat Quinn's Budget Plan: Gov Says Tax Hike Would Save Education, But Not In Formal Proposal

Posted 05.25.2011

As predicted, Gov. Pat Quinn did not include a tax hike in his formal budget proposal Wednesday, but after listing the massive cuts to education that ...

Illinois Budget Crisis 2010: Big Cuts Coming For Schools, Police, Child Care

Posted 05.25.2011

Though Gov. Pat Quinn won't discuss his proposal for fixing the state's massive deficit until Wednesday, a top Quinn aide told the Associated Press Mo...

Pat Quinn Starts Website, Wants Illinoisans Advice On Fixing The State's Nasty Budget Problems

Posted 05.25.2011

With the state's finances in shambles and an election year upon us, Gov. Pat Quinn did something politicians rarely do when it comes to managing money...

Illinois Budget Crisis 2010: Civic Federation Says Only Big Tax Hikes Can Fix 'Horrific' Budget Problems

Posted 05.25.2011

Are massive tax hikes coming to Illinois? A government watchdog group says if the state wants to "become solvent," tax hikes and $2 billion in budget ...

Schools Advertise How Much They Are Owed By The State

Chicago Sun-Times | Posted 05.25.2011

The cash-starved State of Illinois is months late and more than $700 million behind in paying its education bills, and at some school districts, taxpa...

State Tax Revenues Down Almost $600M From Last Year

Chicago Tribune | Monique Garcia | Posted 05.25.2011

The state's money woes are worse than predicted due to plummeting tax revenues and an unprecedented number of unpaid bills, the Illinois comptroller's...

$3.6M In IRS Refunds Undeliverable In Illinois

Fox Chicago | Posted 05.25.2011

The IRS says refund checks for 3,600 people were returned by the postal service....