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Illinois has highest overall tax burden in the nation

Report from the  Illinois Policy Institute SPRINGFIELD — A new report from WalletHub finds Illinois’ combined state and local tax burden is higher than that of every other state and the District of Columbia. A March 14 report has found that Illinois has the costliest state and local tax burden in the country. Statewide, the median Illinois household pays $8,162 in annual state and local taxes, including sales taxes, property taxes and income taxes. WalletHub, a personal finance website, released its annual ranking of states’ tax burdens. The report combines statewide taxes with local taxes to create an overall effective state and local tax rate for the median household in each state. Illinois was ranked the worst in the nation, with state and local governments effectively taxing median households at 14.76 percent. WalletHub used several taxes to calculate Illinois’ percentage; however, the most damning was the property tax. Illinois ranked second-worst in the nation for property taxes. People in homes with the U.S. median home value pay $4,105 annually in Illinois, according to WalletHub. Illinois’ crushing property taxes combined with income and sales taxes make the Prairie State the most taxed in the country. And high taxes are driving Illinoisans to the border. From 2006 to 2015, a net 700,000 people migrated out of Illinois. Polling by the Paul Simon Public Policy Institute showed 47 percent of Illinoisans want...

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The Free Market works, even in Illinois

State Representative Brian Stewart March 17, 2017 Everyone loves a positive news story. We are excited to hear when a company announces that it is expanding in our area. Even better, we love to hear that a company is leaving another state and setting up shop in Illinois, though I must admit, as of late we’ve heard more about businesses leaving our state than entering. We can point to any number of reasons as to why companies have chosen to pack up and leave Illinois for another state: cumbersome regulations, the burden of worker’s compensation, high property taxes, or even the state budget stalemate – just to name a few.  The one thing that is certain is that we don’t want businesses leaving Illinois. All that leads us to the question: what are we doing to stop businesses from crossing the border? If we can agree on the obvious premise that Illinois can’t compete with other states’ lack of red tape and favorable tax climate, then we can see that a mechanism to keep jobs in our state is necessary. For that reason, the Economic Development for a Growing Economy (Edge) Tax Credit Act is imperative if we want to minimize the damage that Iowa, Indiana and Wisconsin are doing to our local economy. In fact, all three of those states also have a version of Edge to lure...

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News from the 71st District

Rep. McCombie to Host Traveling Office Hours in Morrison and Fulton Savanna — State Representative Tony McCombie, R-71, Savanna, will be hosting traveling office hours from 10 a.m. to 2 p.m. on Monday, March 20, at the Whiteside County Farm Bureau, 100 E Knox St. in Morrison, and  from 10 a.m. to 1 p.m. on Monday, April 3, at Krumpets Bakery, 1016 4th St. in Fulton. “Government works better when residents inform their elected leaders of issues affecting them,” said McCombie. “I look forward to meeting with and addressing the concerns of the constituents across Whiteside County.” If you...

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Mon 27

Al-Anon Meets in Freeport Monday

May 27 @ 10:30 am - 5:00 pm
Mon 27
Mon 27
Mon 03

Al-Anon Meets in Freeport Monday

June 3 @ 10:30 am - 5:00 pm
Mon 03

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