tax hike

Republican state legislators from around Chicago are pitching a plan to repeal the new sweetened beverage tax in Cook County. 

Illinois Gov. Bruce Rauner lost an unprecedented battle with the "Springfield insiders" he once campaigned to dethrone when lawmakers approved a budget and $5 billion tax hike over his objections, and without the pro-business reforms the Republican promised.

Democrats Divided as Budget Deadline Approaches

May 29, 2017

The Illinois General Assembly is just three days away from the traditional deadline for passing a budget.  The Democratic majority in the Illinois House is wrestling with what to do.  State Representative Jay Hoffman, from Swansea, says his fellow Democrats are divided about what to cut and whether to raise taxes.

Brian Mackey / Illinois Public Radio

The Illinois Senate could begin voting tomorrow on a bipartisan compromise meant to end the state's budget standoff.  Senate President John Cullerton says for every day without a spending plan, Illinois goes 11 million dollars deeper in debt.

A credit ratings agency says for the Chicago Public Schools to work its way out of debt it must consider a property tax hike of more than $400 million annually.  Moody's Investors Service says the new tax revenue would be used to make debt payments now covered with state aid meant for the classroom. 

Paul Coussens

The Illinois house has approved a symbolic measure expressing opposition to passing an income-tax increase during a lame-duck session when fewer votes are required and outgoing legislators don't have to worry about re-election. 

Illinois is just two weeks away from going an entire year without a budget.  Lawmakers also haven't passed one for next year. Both have been caught in a political fight - with Governor Bruce Rauner holding out on a tax hike until Democrats get on board with his controversial agenda.  

Dan Rutherford running for governor

Jun 3, 2013

Today is day two of state Treasurer Dan Rutherford's three-day tour of Illinois. He's meeting with supporters to say he's OFFICIALLY running for governor. Rutherford has been laying the groundwork to run for years, making the formal announcement one of the least surprising events in Illinois politics. So we asked reporter IPR'S Brian Mackey to find something about Rutherford's announcement that WAS surprising.

Like many Republican candidates, Rutherford likes to remind people he was a businessman. And although he was the only Republican senator to vote for civil unions in 2010, he's opposed to legalizing same-sex marriage. Nothing too surprising about any of that. But Rutherford is distinguishing himself on a matter of tax policy.