Capitol Fa - Your Illinois News Radar » News coverage roundup: House Democrats introduce new transit funding planCapitolFax.com
The bill seeks to prevent a $200 million transit funding shortfall by introducing new taxes expected to raise $1.5 billion for Chicago area transit agencies.
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Capitol Fa - Your Illinois News Radar » News coverage roundup: House Democrats introduce new transit funding planCapitolFax.com
* Subscribers know more. The Sun-Times… Lawmakers are still laboring to get a bill on track in Springfield to overhaul and fund the Chicago area’s cash-strapped mass transit agencies as the fall veto session rumbles to a conclusion. Illinois Democrats leading transit talks floated several potential taxes in a bill filed late Tuesday to generate $1.5 billion [...]
Illinois House Democrats push first-in-the-world wealth tax, streaming, concert taxes – Illinois Policy
Illinois House Democrats introduced a $1.5 billion transit funding plan with a wealth tax on hypothetical income that doesn’t exist anywhere in the world. Even Gov. JB Pritzker doesn’t support the proposal. “As it is, it’s not going forward” Pritzker said referring to the bill.
‘Astonishingly reckless:’ IL Dems intro tax on ‘unrealized gains’ to fund transit
SPRINGFIELD, ILLINOIS - With just two days remaining in the Illinois legislative fall veto session, Illinois Democratic state lawmakers have introduced new legislation, ostensibly designed to help the state address
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