Tax Hike
Cigarette Taxes In Chicago Up To $6.67 Per Pack, After County Tax Hike
Cook County Board President Toni Preckwinkle said the projected $25 million in new annual revenue from the tax increase will go to the county’s hospitals and health centers, which treat more than 300 lung cancer patients each year.
Preckwinkle: Cigarette Tax Hike Would Save Lives
County Board President Toni Preckwinkle said Tuesday that she’s not simply trying to raise revenue by seeking a $1-per-pack cigarette tax hike, she’s trying to save lives.
Cigarette Tax Hike Under Consideration To Balance City Budget
Chicago smokers could face even higher cigarette taxes as Mayor Rahm Emanuel tries to balance his proposed 2013 budget.
State’s $1-Per-Pack Cigarette Tax Hike Goes Into Effect
Illinois smokers are bracing for a $1-per-pack increase on cigarette taxes that takes effect Sunday, with many trying to stock up and others vowing to kick the habit.
Quinn Signs Bill Raising Cigarette Taxes To Fund Medicaid
Gov. Pat Quinn has signed a bill to help the state’s struggling Medicaid program, but critics are convinced the budget solution will do more harm than good.
Lawmakers Approve $1 Per Pack Cigarette Tax Hike
Illinois lawmakers have approved a $1 per pack cigarette tax increase to help fill a gaping Medicaid budget hole, and the governor has indicated he’ll sign it quickly when it reaches his desk.
Topinka: Illinois’ Unpaid Bill Crisis Just Keeps Getting Worse
Illinois keeps falling farther behind on its debt, and Comptroller Judy Baar Topinka says it’s even worse than it appears.
Cook County Board OK’s Budget With Tax And Fee Hikes
Hang onto to your wallets: The Cook County Board has passed a new budget, and, it’s going to cost you.
Emanuel Reaffirms Opposition To Raising Taxes For City Budget
Mayor Rahm Emanuel is reaffirming his opposition to raising taxes to close the City of Chicago’s $635.7 million budget shortfall.
Durbin: State Had No Choice But To Raise Taxes
U.S. Sen. Dick Durbin (D-Ill.) says he is concerned that many large companies have threatened to leave his home state due to higher taxes, but he says Illinois lawmakers had to take action to pay the state’s vendors.
Northbrook Schools To Cut Teachers After Tax Referendum Fails
In north suburban Northbrook, voters have rejected a tax hike that would have helped close a $1 million budget hole.
Embroiled Ex-State Rep. Withdraws From Parole Board
A former Illinois state lawmaker has withdrawn her name from a post on the state parole board, amid criticism that she was appointed to the job shortly after voting for Gov. Pat Quinn’s income tax hike.
Edgar: Tax Hike Was Only First Step
While many of his fellow Republicans are denouncing the hastily-passed Illinois state income tax increase, former governor Jim Edgar supports it.
N.J. Latest State Trying To Take Illinois Jobs
New Jersey Gov. Chris Christie’s administration is casting lures to Illinois businesses that may be soured on the Land of Lincoln, which raised income tax rates recently to offset a massive state budget deficit.
Some Think Income Tax Hike Was Right Move
They’re out there, but they’re not very loud – people who actually think Illinois lawmakers are doing the right thing by raising income taxes.
After Ill. Tax Hike, Wisconsin Cold-Calls Chicago Businesses
The state’s lieutenant governor contacts firms here, saying they would get better treatment if they moved north to Cheeseland.
Daley: Business Tax Hike Could Backfire
Mayor Richard M. Daley has suggested the business tax hike approved by Gov. Pat Quinn could backfire.
Blagojevich Angry About Income Tax Hike
The state’s 66 percent income tax hike has irked a number of people, including former Gov. Rod Blagojevich.
More Local Businesses Slam State Tax Hike
Some local business owners say just as the economy was beginning to improve, now Illinois is making things tougher again with its new corporate tax hike.
Topinka: Why Didn’t State Lawmakers Make Cuts?
The state’s new comptroller is incredulous that Illinois lawmakers would impose a whopping increase on taxpayers without passing a single budget cut.



