Illinoisans brace for higher taxes, corporate tax changes July 1 – Center Square

On July 1, the state will raise taxes on short-term rentals, sports wagering, telecommunications, tobacco and vaping products. Illinois will lower tax rebates for electric vehicle purchases. New tax rules also will impact businesses in the current tax year.
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Wally
11 months ago

The only tax directly affecting consumers is the increase in the gas tax, but they’re so used to fluctuations in gas prices, they’ll barely notice. Taxes on businesses will affect them, but not in ways they’ll notice. Usual sneaky way for Dems to raise taxes.

Hello, Indiana!
11 months ago

Remember this as Butterworth sloshes around the state begging to be re-elected and sweats butter attending another money losing state fair this fall.

Leaving Soon, just not soon enough
11 months ago

Expect more business to leave the state and take with them lots of jobs.

Call my shrink
11 months ago

Not really. It’s Illinois. July 1st just bend over. It’s like fireworks on the 4th. Expected

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