Taxes

Leaders of Carterville's school district have filed suit against the village of Cambria over a controversial taxing district approved last week.

People
Brad Palmer, WSIU Radio

As part of the Illinois Department of Employment Security's modernization effort, Illinois employers will soon be able to use MyTax Illinois to complete all their unemployment insurance tax processes.

Department director Jeff Mays stopped in Carbondale Wednesday to remind employers about the change coming in less than two weeks.

A tax increase is not the only change coming for some Illinois residents as the new budget package is rolled out.  

People
U.S. House of Representatives

WSIU's Jennifer Fuller talks with U.S. Rep. Mike Bost (R-Murphysboro) and U.S. Rep. John Shimkus (R-Collinsville).

You can watch the entire special WSIU InFocus from WSIU TV here.

Marion leaders have approved a sales tax hike.

The Illinois Senate has adjourned without pushing its stalled budget compromise further, but a Senate Democrat filed legislation Thursday spelling out services that could be subject to the state sales tax to battle a budget deficit.

City governments across Illinois are asking to have their state funding passed along automatically. It’s the latest consequence of Illinois’ 20-month budget stalemate.

Voters in Jackson County will be asked next week whether they support a sales tax increase to help fund public schools.

Carbondale leaders have approved a change to the city’s food and beverage tax – a revision from a controversial decision earlier this year.

People
Union County

Union County has joined some other local governments in southern Illinois with the launch of a tax inquiry and payment site.
 
Treasurer Darren Bailey says it allows residents and businesses faster and better access to tax information.

Illinois workers get an added bonus once they retire: They don't have to pay taxes on pension or Social Security checks. It's one possible change the state could look to as it hunts for more money.

Illinois is a rare state that taxes income on a regular paycheck, but not on retirement.

Fiscal experts like the non-partisan Civic Federation say as Illinois' population ages, and there are more seniors, the government will increasingly lose out on a source of revenue.

Despite recent hype over the possibility of legislators putting questions on the November ballot to change the constitution, the Illinois House adjourned Wednesday without even voting on proposed amendments. Their lack of action means voters won't be asked whether they want to change how they're taxed.

Illinois is one of only eight states with a flat income tax. The reasons can be traced to the state’s first-ever successful attempt at putting an income tax in place.  

An effort to change the current tax structure is underway, but supporters face a fast-approaching deadline.  

Tax Policy Group Blasts Illinois Graduated Tax Legislation

Apr 27, 2016

Members of a tax policy group based in Washington D.C., came to Springfield Tuesday to oppose two pieces of legislation that would change Illinois' income tax from a flat rate to rates based on how much a taxpayer earns. The change would depend on lawmakers passing a proposed amendment to the state's constitution and voters approving it in the fall.

All Illinois residents -- no matter how rich, no matter how poor -- pay the same income tax rate. Now a plan is afoot to change that, with a constitutional amendment, and to have the wealthy pay more.

Consumers may like the ability to shop online and avoid paying state and local sales taxes, and many online retailers may like the competitive advantage the arrangement provides them over “bricks and mortar” businesses across the country, but U.S. Sen. Dick Durbin, D-Ill. says the situation has a significant price.

“It’s really not fair to say to that store down the block that’s paying rent and paying property taxes and collecting sales tax (that) we’re going to put them at a disadvantage to their Internet counterparts.”

A year ago, Illinois' income tax rate fell by 25-percent. The top Democrat in the Illinois House is suggesting it go back up.

One of Governor Bruce Rauner's Turnaround Agenda items involves a property tax freeze, but there are still questions about how it would work, and who it would affect.

An Illinois corporate tax credit program suspended earlier this summer amid a state budget crisis has since been offered to Amazon because of a previous commitment to the online retailer.

Illinois House Chamber
Brian Mackey, Illinois Public Radio

A stopgap Illinois budget padded with guaranteed state-employee paychecks for July has won House approval, but the change delays its delivery to the governor.        

Mayors from communities all over Illinois are hoping to find common ground with Gov. Bruce Rauner - after the new state CEO proposed cutting the Local Government Distributive Fund by half next year.

Illinois taxpayers are waiting longer than usual for their state income tax refund.

Illinois veterans with disabilities will be eligible for more property tax exemptions under a law signed by Gov. Pat Quinn.

When he was a candidate, Bruce Rauner promised that if elected, he would freeze property taxes. Now that he's won the race for governor, he's holding off on details about how.

It was a campaign promise that struck a chord.

IPR/Brian Mackey

Governor Pat Quinn made an unusual appeal to House Democrats Monday, appearing at a meeting of the entire caucus. Quinn was asking lawmakers to make the 2011 income tax increase permanent.

State officials say Illinois is on pace to end its fiscal year with about $1.2 billion in additional revenue.

The State Journal-Register reports most of the money is a one-time occurrence thanks to better-than-expected personal income tax collections and sales taxes.

Lawmakers constructed the budget based on a revenue estimate of $35.4 billion.

The figures were released by the Commission on Government Forecasting and Accountability, the General Assembly's fiscal forecasting arm.

Gov. Pat Quinn has released 2013 income tax returns showing he earned roughly the same as previous years and donated a little more to charity than 2012.

photo provided by listener

Four months ago, tornadoes whipped through parts of central and southern Illinois, including Massac, Washington and Wayne counties.

More than 2.3 million Illinois taxpayers have already filed their income tax returns, with more than half-receiving refunds.

Illinois retirees' would lose their tax break, if lawmakers sign onto the recommendation of a nonpartisan government research group. But the plan has fallen flat before.

Pages