How Did Illinois See An Increase In July Tax Collections During The Pandemic? ‘July Was Not A Normal Month’ – CBS2 (Chicago)

"The delay in the income tax filing deadline from April to July skewed the numbers, but that doesn’t explain the 211% increase in cigarette tax revenue. A higher tax on cigarettes, plus a new tax on e-cigarettes likely made the difference. An increase in the gas tax also explained what appeared to be an uptick in motor fuel consumption, but really wasn’t."
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Governor of Alderaan
5 years ago

Don’t forget that in July Illinois starting taxing bribes and kickbacks received by state legislators

Fed up neighbor
5 years ago

If that happened we would be debt free and pay no taxes at all in this clown state

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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