Williamson County residents will pay an additional $13,352,137 in state income taxes this year, according to an analysis by Local Government Information Services (LGIS).
Mike “Mish” Shedlock, who runs the blog “MishTalk.com,” believes imposing more taxes on Illinoisans with the biggest pensions can solve the pension crisis.
While state lawmakers ended a two-year budget impasse, the measures adopted by the Illinois Legislature will not fix the state's fiscal mess, an analyst who co-wrote a paper that places the state 49th in long-run solvency told the Sangamon Sun.
Gov. Bruce Rauner’s office has lost or terminated 21 staffers in the wake of the passage of a contentious budget plan and an unpopular tax hike on July 6, which many saw as a major political defeat for Rauner and many GOP lawmakers.