WATCH: Tax increases expected before Illinois legislators adjourn veto session

Spread the love

(The Center Square) – Illinois taxpayers may find out they are on the hook for another tax increase before the week is over.

One of the many things legislators continue to hash out is how to address a fiscal cliff for mass transit estimated at $230 million. Senate Minority Leader John Curran said more money is not the answer.

“We should be looking at reform first,” said Curran, R-Downers Grove. “It does not make logical sense to. At the same time, you’re going to put a bunch of reforms in place and put a new group of people in charge. You don’t know exactly what you need. We know the cliff keeps getting pushed out. The amount keeps coming down. Let’s put the new people in first. Let’s reform the structures, let them get their arms around it.”

State Sen. Mike Simmons, D-Chicago, agreed that reforms are needed for the agency, but pushed for the House to pass the package the Senate approved in May that included $1.50 surcharge for retail delivery.

“This is a smart investment, not just for transit, but also for our local economy,” Simmons said. “And there have been endless studies from Crain’s and other sources that make the case that investing in public transit to the tune of $1.5 billion is how we take our economy forward, not backwards, in this region.”

Gov. J.B. Pritzker told reporters in Peoria that the details on how to fund closing the fiscal cliff are still coming together and he is being careful not to sway how it’s paid for.

“I’ve tried to be careful about what I’ve told them because I want to make sure that they are considering all the options, and then, you know, I, from my perspective, what I want to make sure happens is that we end up with a world class transit system for the whole state,” Pritzker said.

Curran warned that legislators are also poised to increase taxes on business owners before the week is out by decoupling from recent federal tax changes.

“The Democrats plan is to increase taxes on the economic engines of our state, while at the same time making taxes more complicated for Illinois,” Curran said.

Legislators are scheduled to wrap up fall veto session in Springfield Thursday.

Leave a Comment





Latest News Stories

Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

Illinois’ ‘F’ grade leaves taxpayers on the hook for billions, watchdog says

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Budget gimmicks, pension debt and late financial reports are leaving Illinois taxpayers in the dark, according...
Democrat Mills to challenge Collins with for U.S. Senate

Democrat Mills to challenge Collins with for U.S. Senate

By Chris WadeThe Center Square Maine's Democratic Gov. Janet Mills is expected to announce a bid for the U.S. Senate with a challenge to Republican Sen. Susan Collins in next...
Some New York school districts spend almost or more than $100,000 a student

Some New York school districts spend almost or more than $100,000 a student

By Mark StricherzThe Center Square A half-dozen school districts in New York state reported spending more than $70,000 per student recently, with two districts spending almost or more than $100,000,...
Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

Illinois quick hits: Chicago Jewish Alliance on peace developments; Blue Ribbon Schools announced

By Jim Talamonti | The Center SquareThe Center Square Chicago Jewish Alliance on peace developments The Chicago Jewish Alliance has offered a response to the release of 20 hostages held...
WATCH: Trump’s emergency Guard appeal denied; Fiscal Fallout reviews state salaries

WATCH: Trump’s emergency Guard appeal denied; Fiscal Fallout reviews state salaries

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop gets to the...
Reforms prompt big money appeals in IL biometrics cases

Reforms prompt big money appeals in IL biometrics cases

By Jonathan Bilyk | Legal NewslineThe Center Square Even as reforms seem to have edged down the number of biometric privacy lawsuits targeted at businesses in Illinois, appeals courts are...
Trump delivers message of peace, hope during historic Knesset address

Trump delivers message of peace, hope during historic Knesset address

By Sarah Roderick-FitchThe Center Square Hope and joy dominated the streets of Israel on Monday as 20 hostages were freed, and President Donald Trump addressed the State of Israel. The...
Meeting Briefs

Meeting Summary and Briefs: Casey City Council for October 6, 2025

The Casey City Council approved a 3-cent per kilowatt-hour increase for the city’s electric utility at its meeting on Monday, October 6, 2025, a move officials said was necessary to...
Casey Council Meeting.1

Casey Amends Nuisance Ordinance to Standardize Penalties

Article Summary: The Casey City Council has approved an ordinance to ensure penalties for nuisance violations are consistent across all sections of the city code. The "clean-up" measure follows a...
Everyday Economics: Data blackout: Why the growth narrative doesn't hold up

Everyday Economics: Data blackout: Why the growth narrative doesn’t hold up

By Orphe DivounguyThe Center Square The federal shutdown has darkened the dashboard. Key September releases are delayed – most notably CPI now slated for Oct. 24, just days before the...
Appeals Court rejects Trump administration bid to lift TRO in Illinois’

Appeals Court rejects Trump administration bid to lift TRO in Illinois’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Seventh Circuit U.S. Court of Appeals has denied the portion of the Trump administration’s emergency motion...
Those doxxing, threatening ICE agents, arrested, indicted

Those doxxing, threatening ICE agents, arrested, indicted

By Bethany BlankleyThe Center Square Individuals rioting, doxxing and threatening U.S. Immigration and Customs Enforcement officers and their families continue to be arrested and indicted. Legal action is being taken...
'The Art of the Heal': How TrumpRx, most-favored nation pricing, Big Pharma intersect

‘The Art of the Heal’: How TrumpRx, most-favored nation pricing, Big Pharma intersect

By Morgan SweeneyThe Center Square AstraZeneca has now joined Pfizer in agreeing to sell its drugs to state Medicaid programs at “most-favored-nation” pricing and deeply discounted rates on TrumpRx.gov But...

GOP stands up for U.S. military strikes on suspected drug boats

By Brett RowlandThe Center Square President Donald Trump and the Pentagon show no signs of changing course on using military strikes to destroy suspected drug boats in the Caribbean. "We...
IL lawmakers could address energy prices, transit, taxes during veto session

IL lawmakers could address energy prices, transit, taxes during veto session

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly’s fall veto session begins Tuesday, and taxes are expected to be part of...