On this week's episode of the WBEZ political podcast The Best Game in town, we talk taxes, from Springfield to the race for Chicago mayor. First, Illinois Public Radio's Amanda Vinicky takes us behind the scenes as the deal went down to raise taxes in Illinois.
These have not been easy times for Illinois bean counters and those who depend on them. An already weakened state balance sheet, like the pocketbooks of its already stretched citizens, was hard-hit by the recession. Ever since, the state has been caught in a cycle of rising costs, unpaid
More than half the tax increase now awaiting Illinois Gov. Pat Quinn's signature is supposed to be phased out after a few years. But the last time lawmakers passed an income tax hike that was "temporary," it didn't stay that way. Short-term pain is easier to absorb than long-term pain.
A bill abolishing Illinois' death penalty will soon be sent to Governor Pat Quinn. That's after the repeal passed the state Senate Tuesday afternoon in a 32-to-25 vote.Quinn has not said whether he will sign the bill into law.