Economy

illinois economy reports

Illinois lawmakers target e-cigarettes, vaping with array of measures

Lawmakers are back in Springfield and one matter the Senate is poised to take up would prohibit people younger than 21 from buying tobacco and e-cigarettes, but other measures targeting vaping products are also on the horizon. https://www.ilnews.org/news/economy/illinois-lawmakers-target-e-cigarettes-vaping-with-array-of-measures/article_4810d2ce-442c-11e9-9784-ef33baf4c3cf.html

Critics say Pritzker’s progressive tax plan relies on faulty math

Gov. J.B. Pritzker’s estimate of how much his progressive tax proposal would put into state coffers fails to consider that some people will take steps to avoid paying more in taxes, leading to a budget shortfall estimated to be in… https://www.ilnews.org/news/economy/critics-say-pritzker-s-progressive-tax-plan-relies-on-faulty/article_69696a96-41e6-11e9-8ec8-6f2ba50e2fed.html

Pritzker’s progressive income structure increases top rate to 7.95 percent; slight decrease for lower earners

Gov. J.B. Pritzker proposed progressive income tax structure would increase the top rate to 7.95 percent, a 60 percent increase, while slighting cutting the rate for the majority of Illinoisans. https://www.ilnews.org/news/economy/pritzker-s-progressive-income-structure-increases-top-rate-to-percent/article_9404788c-4104-11e9-b1e0-8f075f30b55a.html

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