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Illinois lawmakers are gearing up to start another spring session that will include more attempts to address an issue that has remained stubbornly elusive so far.
What can the state do to rein in the cost of public employee pensions and try to address the $129 billion debt faced by the
U.S. Rep. Robin Kelly invoked the words of Dr. Martin Luther King, Jr. Saturday to criticize the GOP's tax overhaul legislation.
"Our struggle is for genuine equality, which means economic equality," Kelly, D-Chicago, told a crowd of 100 gathered at Victory Apostolic Church in Matteson
As Democratic gubernatorial candidates have crisscrossed the state hoping to gain support ahead of the March 20 primary, they have agreed on one thing: their support for a progressive state income tax. Read what Democratic gubernatorial candidates including J.B. Pritzker, Chris Kennedy and
Like all of his Democratic competitors, Daiber supports a state constitutional amendment allowing the Legislature to replace the current flat state income tax with a progressive income tax that permits higher tax rates on higher levels of income. Under Daiber's proposal, the state would generate
The Teachers Retirement System teeters toward insolvency. It is currently 40 percent funded, and Illinois taxpayers will shell out $4.09 billion in 2018, with 80 percent of that going to pay down the unfunded liability and 20 percent to pay current benefits.
The TRS is the largest of the
So, what’s not to like about the sweeping federal tax package the Republicans are pushing through Congress? the bill fails on so many levels they can’t all be covered in one column. Ralph identifies two that stand out.
CHICAGO (CBS) — Illinois U.S. Sen. Dick Durbin is warning that the Republican tax plan will hurt families in Illinois, and even tax them on taxes they’ve paid.