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It looks like Illinois lawmakers will allow the temporary higher income tax rate to expire January 1.Lawmakers have the ability to decide during the fall…
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The state took in over a billion dollars more in taxes than the prior year, thanks to an uptick in sales tax money. Personal income tax revenue also...
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Illinois lawmakers are going back to the drawing board on a state spending plan.Although Governor Pat Quinn and top Democrats have been pushing for an…
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Republican candidate for governor Bruce Rauner is wading deeper into the debate over whether Illinois ought to extend a higher income tax rate. He's...
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Gov. Pat Quinn appealed directly to Democrats in the Illinois House Monday evening. He’s struggling to win support for his plan to extend Illinois’...
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The Illinois House will take the lead on whether Illinois keeps its 5 percent income tax. It's scheduled to roll back at the end of this year unless...
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Two major Democratic initiatives are still short the votes needed to pass, at least in the House, as the General Assembly heads into the final stretch...
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A western Illinois lawmaker is warning of dire consequences if the temporary income tax increase is allowed to expire.Senator John Sullivan (D-Rushville)…
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Illinois Governor Pat Quinn is selling his budget plan as a way to better fund schools. But that money doesn't come right away.Quinn made his claims…
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When lawmakers raised individual income taxes from three percent to five percent a few years ago, it came with an expiration date.The reckoning is January…