A constitutional amendment adopted by voters in November requires a two-thirds majority of legislators in both chambers to approve a new state tax or a tax increase.
The full state Senate could vote soon on a measure that would block an otherwise qualified candidate for president for refusing to provide tax returns to the Illinois state government.
As Gov. J.B. Pritzker prepares for talks with legislative leaders about possible tax rates and income levels for a progressive income tax in Illinois, a pro-business group is calling for those discussions to be done in public.
Blanca Ocasio-Cortez, the mother of Rep. Alexandria Ocasio-Cortez (D., N.Y.), said in a new interview that she moved from New York to Florida to pay less in taxes.
Even though the issue would be decided at the ballot in November of 2020, Illinoisans are already getting a glimpse of what’s in store in the fight to change the state’s income tax structure from a flat percentage to one that taxes higher earners more.
Two Republican-backed Virginia House bills to prevent an inadvertent $1.2 billion tax increase passed the House of Delegates Tuesday, a move proponents say will help middle-class Virginians. The legislation would also conform the state tax code to the federal tax code.
Pennsylvania state Sen. Tom Killion is renewing his push to see the state’s film tax credit program expanded. He has introduced legislation that would dramatically increase the size of the program from $65 million a year in tax credits to $125 million.