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The document details a $1.2 billion structural imbalance in the state budget labeled as “balanced” by Democrats and Republicans alike,
August 17 -
The tax would fund the voter-approved Medicaid expansion that was supposed to take effect July 2.
July 6 -
Muni analysts doubt that either major-party candidate for governor has the solutions to Illinois' many fiscal problems.
June 22 -
Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.
June 14 -
Municipal analysts see the holes in the spending plan, but secondary market traders reacted positively.
June 5 -
What's in the next Illinois budget is more important to S&P Global Ratings than whether it is passed soon.
May 29 -
New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.
May 24 -
The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.
May 23 -
If New York State legalizes marijuana, New York City could see as much as $336 million annually in new tax revenue.
May 15 -
The flat state income tax rate is embedded in the state constitution.
May 8