taxes

The latest domestic policy plan signed by President Donald Trump on July 4 will increase available funding by 12% for a key tax credit used by developers to offset a portion of construction costs. #housing

Americans for Prosperity–Illinois filed a 35-count ethics complaint and is now urging Sangamon County State’s Attorney John Milhiser and Illinois Attorney General Kwame Raoul to hold officials accountable. #taxes

“Donald Trump’s reckless trade policies are nothing more than a tax on working families that will jack up prices, threaten jobs, and impact the way we live,” said Governor JB Pritzker. #tariffs

The tax rate went up to 8.65% on July 1 with the start of the new fiscal year. #taxes

With one of the lowest state estate tax thresholds in the country, Samuel Karnick, senior fellow at The Heartland Institute, warns Illinois’ outdated estate tax continues to threaten the future of generational farms, even as the federal government moves to ease the burden. #tax

We can’t allow Governor Pritzker’s presidential bid to get any momentum and the way to do that is to stop him in 2026. He has already set our state back financially and morally. #re-election

Treasurer Frerichs Eclipses $5 Billion In Investment Earnings for State Portfolio (Springfield, IL) - Illinois Treasurer Michael Frerichs announced that he has made more...

On July 1, the state will raise taxes on short-term rentals, sports wagering, telecommunications, tobacco and vaping products. #taxes

"Democrats keep claiming to care about working people, but if you look at this budget, it’s clear they are completely out of touch with the middle and working class" Rep. Sheehan said. #taxes

Illinois Policy Institute Director of Fiscal and Economic Research Bryce Hill said Chicago residents everywhere are paying the price for the city’s rising rental apartment prices. #renting