McLaughlin said it’s not just smaller cities in Illinois seeing people leave, Chicago also lost more than 27,000 residents in 2024 compared to April 2020 levels. #population
Revenue generated from motor fuel taxes is primarily dedicated to funding transportation-related infrastructure, but Ravi Mishra, policy analyst with the Illinois Policy Institute, said Illinoisans are not getting their money’s worth. #gas
In March, Illinois generated $135 million from legal cannabis sales as the state implemented a tax rate of 25% of the purchase price of marijuana. In 2022, Illinois generated $445 million in tax revenue from legal cannabis sales.