Column: Illinois gets some good news on revenue front – Champaign News-Gazette

Jim Dey: "Although the report (from the Illinois Commission on Government Forecasting & Accountability) was positive, there was one issue of possible concern. The state’s largest source of revenue comes from its 4.95 percent income tax. While corporate and tax tax revenues have grown nicely over the current fiscal year, the report indicated that income-tax revenues 'remain $1.065 billion behind last year’s pace.'"
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Old Spartan
2 years ago

Only in Illinois– and a few other Democrat run states– is it good news that more money is being taken from its citizens. Tax collections go up– at whose expense? The citizens get screwed and the government thinks it is good news that they got more of the peoples’ money. How perverse have we all become living in this state.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE