Tax Foundation
Recent News About Tax Foundation
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From Prairie State Wire
Top marginal tax rate in Illinois could reach 54.29% under Biden plan
Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Illinois could hit 54.29 percent, according to a new analysis by the Tax Foundation.
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From Prairie State Wire
Springfield considering gas tax hike even though Illinois already pays among the most in U.S.
Even without the increases in the Illinois gas tax now being proposed by state lawmakers, Illinois has the 10th highest state gas taxes in the nation, according to July 2018 numbers from the Washington-based Tax Foundation.
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Hebein says statewide property tax hike would leave some Illinois communities 'in ruins'
The Chicago-area Republican running against a three-term incumbent in the 35th House District paints a stark image of what will happen in Illinois if a proposed statewide 1 percent property tax were to see the light of day.