Gov. Pat Quinn s unpopular tax increase began showing some positive progress for Illinois last month. The state collected almost $1.4 billion in personal income taxes in March, the Peoria Journal Star reports. That s 71 percent more than taxes collected in March 2010. Higher taxes that took effect this year have partial thanks for the returns, the Illinois Commission on Forecasting and Government Accountability says. Quinn signed the 67 percent increase into law on Jan.
Quinn Tax Hike Boosts Illinois Returns
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Tue, 04/12/2011 - 10:14am
BING NEWS:
- Chicago parking garages warn proposed tax hike will drive up their rates
CHICAGO (CBS) --Operators of Chicago parking garages are warning that their rates could go up next year, if a proposed tax is approved as part of Mayor Brandon Johnson's budget plan for 2025. For ...
11/21/2024 - 7:42 pm | View Link - Chicago businesses oppose Mayor Johnson's proposed liquor tax hike in budget plan
The restaurant and bar industry, which is already a low profit margin business, is now really feeling in poor spirits with Chicago Mayor Brandon Johnson's new proposal for fixing the city's nearly ...
11/21/2024 - 4:42 am | View Link - Bar and restaurant owners sound alarm on Mayor Johnson’s 35% alcohol tax hike plan
In total, the levy hike is expected to net an additional $10.6 million from the city’s so-called “sin taxes” on beer, wine and liquor sales.
11/21/2024 - 4:23 am | View Link - Johnson's proposed alcohol tax hike likely dead amid pushback from Chicago's hospitality industry
Chicago bars and restaurants worried the hike would hurt their bottom lines are gaining traction with members of the City Council, suggesting the fight to nix the tax may be won before it begins.
11/20/2024 - 8:25 am | View Link - Bar Owners and Alders Oppose Chicago’s Alcohol Tax Hike Proposal
But leaders from Chicago’s bar and restaurant industry argue those tax hikes are untenable while business owners are still struggling with rising costs inflicted upon them since the pandemic. “Our ...
11/20/2024 - 3:42 am | View Link - More
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