More than 600,000 Illinoisans will have a chance to send a message to state leaders on the most daunting issues, including Illinois’ property taxes.
The “millionaire tax” will increase Illinois’ tax burden without necessarily increasing public funds. Revenue intended for education may fall short of expectations and will likely be absorbed by school administration before reaching students.
Illinois families will pay the second-highest property tax rate in the nation in 2025, spending more than double what the average American family will spend to stay in the same home. That’s driving Illinoisans away.
Illinois had a prime opportunity with increased revenues and COVID relief funds to balance the budget. Instead, the government spent it all and now faces an even larger shortfall.
Of the states most Americans are moving to, 4 of 5 have a flat or no income tax. The states losing the most residents? There again, 4 of 5 have progressive taxes. Illinois’ flat tax is an advantage it should keep.
Gov. J.B. Pritzker’s record $55.2 billion budget for 2026 relies on more than $1.55 billion in newly increased revenue estimates to cover cost. That optimism collides with state agencies’ and experts’ sober predictions, meaning taxpayers are again at risk?
Chicago Mayor Brandon Johnson secured approval for his $830 million borrowing plan but can no longer use the money to benefit his cronies at the Chicago Teachers Union. The city just grew its nearly $41 billion in debt.
A new report from the Tax Foundation shows the typical Illinois taxpayer will save big thanks to the constitutional protections of Illinois’ flat tax. Some state lawmakers want to take that protection away.
House Bill 3014 and Senate Bill 1546 would tie Illinois’ spending growth to GDP growth, potentially saving billions of dollars as the state needs to live within its means.
Gov. J.B. Pritzker’s 2026 budget includes record spending, cuts to economic development and overreliance on short-term revenue tricks—including a cleverly hidden tax hike, leaving significant work for the state to reach financial stability.
A new bill would repeal an outdated Illinois business tax. The franchise tax is tough to calculate, most businesses don’t owe it and it generates little revenue in a state that already hits businesses hard with other taxes.
Illinoisans pay the second-highest gas taxes in the nation at more than $0.84 per gallon. Only California charges its drivers more.
Illinois Gov. J.B. Pritzker invoked a fairy tale about magic beans and a giant during his annual state of the state and budget address. Too bad he forgot to take an ax to the giant, record-setting budget he has grown by $16.7 billion since taking office.
Illinois Gov. J.B. Pritzker’s favorability is at exactly 50% ahead of his annual budget address, a chance to win over the 46% of voters with an unfavorable opinion of him. But based on his history of aggressive spending and taxation, what are the odds?