US EditionNew taxes on sports bets, nicotine products as Democrats pass $55.2B budget - The Times Weekly
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New taxes on sports bets, nicotine products as Democrats pass $55.2B budget - The Times Weekly
Spending plan raises over $1B in revenue; income, sales taxes not affectedGiving almost no time for public review, Illinois Democrats pushed through a $55.2 billion budget for next fiscal year late Saturday, bolstering coffers with new taxes on sports bets, nicotine products and businesses.The $55.2 billion spending plan is supported by $55.3 billion of revenue, including just over $1 billion in new taxes and revenue changes.The four bills makin…
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