About a week after the state budget passed both chambers in the dark of night, Attorney General Kwame Raoul spoke to the City Club of Chicago to complain that his budget was cut by $10 million. “For every dollar of General Revenue Fund spending on the attorney general’s office, we return $21. Anybody who has […]
Kwame Raoul
Posted inRich Miller
State seeks revenue streams
As I write this, Gov. JB Pritzker is preparing to give his annual budget address. It’s an unenviable task. Earlier this month, the Governor’s Office of Management and Budget released a report showing federal tax cuts caused a $587 million reduction in state revenues this fiscal year. The governor announced last month that he was […]
Posted inNews
Time to graduate?
Illinois grapples with another round of difficult budget cuts, some lawmakers want to eliminate the state’s constitutional flat-rate income tax requirement, opening the door for what some experts call a more equitable and lucrative graduated income tax. Illinois currently has a 5 percent individual income tax for all taxpayers, regardless of income. But a pair […]
