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Posts in category: "Income Tax Sunset"

Rep. Scherer still against extending state income tax hike

Via the State Journal-Register State Rep. Sue Scherer said Wednesday that she remains adamantly opposed to extending the temporary income tax increase despite citing progress the state has made in meeting its pension payments and paying down its backlog of…

Local and state leaders talk economic development

Via My Suburban Life LIBERTYVILLE – Local leaders addressed Lake County business concerns at an annual multi-chamber legislative breakfast at Advocate Condell Medical Center in Libertyville Tuesday. In addition to fielding audience questions about state income taxes and strategic consolidation,…

Need corporate tax transparency in Illinois

Via St Louis Post-Dispatch Illinois corporate tax rates are not too high, and they do not stifle business. Our corporate tax policy is in fact too accommodating. Two bills now before the General Assembly could right that. The Illinois Department…

Vallas: Rauner income tax rollback would cost schools $4 billion

Via State Journal-Register Republican Bruce Rauner’s proposal to dump a temporary state income tax increase would cost public schools $4 billion a year and lead to nearly 28,000 teacher layoffs, the rival campaign for Illinois governor said Wednesday. Paul Vallas,…

Editorial: Quinn, Rauner and your taxes

Chicago Tribune Gov. Pat Quinn and challenger Bruce Rauner remind us, imprecisely, of the frantic masochist who wails “Beat me! Beat me!” and the smirking sadist who murmurs “No.” Here’s why: Illinois state government was having another lousy day Tuesday,…

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