Illinois local governments have been denied more than $10.9 billion in state income tax revenue since fiscal year 2012 ...

Tax Day is when individual federal tax returns and tax payments are due. Illinois residents can begin filing as soon as the ...

There are signs, however, that the state’s chronic fiscal challenges are reemerging and likely to be exacerbated by federal ...

State keeps more tax revenue, locals get less Across Illinois, local governments have lost more than $10. 9 billion in state ...

Tax receipts increase $1. 5 billion year-over-year Citing a report by the Illinois Commission on Government Forecasting and ...

Illinois income taxes are calculated differently than in some other states, levying a flat personal income tax rather than following a tiered structure. Many, or all, of the products featured on this ...

Let's face it – paying taxes is a drag. Especially since it's something of a never-ending process, federally required year after year. Though you can technically avoid paying state taxes on retirement ...

Illinois has a flat tax of 4.95%, which applies to all filers. Wisconsin has progressive tax, which ranges from 3.5% to 7.65% depending on marital status and income level. Many middle-class earners ...

CHICAGO (WLS) -- Illinoisans voted on changing the state constitution to move from a flat tax to a graduated income tax, where the wealthy pay more, Tuesday, and Republicans claimed victory. As of ...

Expect a progressive tax, higher education spending and a Bears stadium to be high on the agenda for Illinois state lawmakers ...