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The Illinois Independent Tax Tribunal (IITA) is an independent State of Illinois agency that creates a forum of original jurisdiction for the initial appeal of back-tax determinations made by the Illinois Department of Revenue (IDOR), the chief tax-collecting agency of Illinois.
The Illinois Budget Impasse was a 793-day-long (2 years and 62 days) budget crisis in the state of Illinois. From July 1, 2015, to August 31, 2017, Illinois was without a complete state budget for fiscal years 2016, 2017, and part of 2018. As a result, many state agencies had to cut services or continue borrowing to operate.
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However, it has been argued that this official balanced budget only constituted a surplus in the public debt (or on-budget), in which the Treasury Department borrowed increased tax revenue from intragovernmental debt (namely the Social Security Trust Fund), thus adding more interest on Treasury bonds. In effect, the four year alleged 'surplus ...
Illinois Gov. J.B. Pritzker pitched a $52.7 billion state spending plan Wednesday with more money to address the migrant crisis, education and quantum computing, while proposing tax increases that ...
Speaking with news outlet The Free Press, venture capitalist Peter Thiel said a big issue coming to a head is the looming bankruptcy of blue states and cities like Illinois and Chicago.
Illinois Public Interest Research Group (Illinois PIRG) is a non-profit organization that is part of the state PIRG organizations. It works on a variety of political activities, including childhood obesity , reducing the interest on student loans, and closing tax loopholes.
The group worked closely with former Illinois Governor Bruce Rauner, a Republican and past donor to IPI, [12] during the first several years of his gubernatorial tenure. [13] [14] However, Rauner's relationship with IPI deteriorated [2] in part due to an article by ProPublica Illinois and the Chicago Sun-Times which reported that IPI's leadership had "moved millions of dollars around five ...