Illinois tax revenue surpasses pre-pandemic growth trend but challenges lie ahead – Center Square

State tax revenues grew by $5.5 billion in Illinois in the fiscal year that concluded on June 30, exceeding $50 billion for the first time in Illinois history.
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Freddy
1 year ago

It’s easy to say tax revenues increased when the sales tax on gasoline increased due to skyrocketing prices and the doubling of gas taxes plus license plate fees. Remember it’s NEVER a spending problem only a revenue one. Illinois should institute a corruption tax. Revenues would triple.

Ex Illini
1 year ago

Inflation, resulting from Biden’s disastrous policies, is driving increases in taxes. Thanks Joe!

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