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

WATCH: Trump: Pritzker fears for his life as gov opposes Guard deployment; CTA DEI cuts

WATCH: Trump: Pritzker fears for his life as gov opposes Guard deployment; CTA DEI cuts

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...
Op-Ed: Lawsuit Abuse Awareness Week: Time to protect Illinois jobs, family businesses

Op-Ed: Lawsuit Abuse Awareness Week: Time to protect Illinois jobs, family businesses

By Bob GorayThe Center Square This week is Lawsuit Abuse Awareness Week, a time dedicated to bringing attention to how Illinois’s unfair legal system drains the economy, hurts consumers and...
Bessent names new CEO for tax collection agency

Bessent names new CEO for tax collection agency

By Brett RowlandThe Center Square Treasury Secretary Scott Bessent, who is serving as acting commissioner of the Internal Revenue Service, created a new position to lead the day-to-day operations of...
Insurance giant called out for promoting DEI

Insurance giant called out for promoting DEI

By Tate MillerThe Center Square Consumers’ Research launched a seven-figure campaign against Chubb Insurance, stating in its Woke Alert that the company promotes DEI, gender ideology, and climate extremism. Executive...
Fiscal Fallout: Illinois diversity commission's budget ballooning but results lag

Fiscal Fallout: Illinois diversity commission’s budget ballooning but results lag

By Jared Strong | The Center SquareThe Center Square (The Center Square) – Despite federal pushback for diversity, equity and inclusion programs, Illinois has spent millions of dollars in the...
Clark County Logo

Clark County to Participate in National Opioid Settlement

Article Summary: The Clark County Board has voted to join the National Opioids Settlement, a nationwide agreement resulting from litigation against Purdue Pharma and the Sackler family for their role...
Everyday Economics: Government shutdown clouds economic picture

Everyday Economics: Government shutdown clouds economic picture

By Orphe DivounguyThe Center Square (The Center Square ) – As Washington remains gridlocked, Americans face more than political theater – they're losing access to critical economic information. The government...
Illinois quick hits: Trump deploys Illinois Nartional Guard; Madigan to report to prison

Illinois quick hits: Trump deploys Illinois Nartional Guard; Madigan to report to prison

By The Center SquareThe Center Square Trump deploys Illinois Nartional Guard President Donald Trump will federalize 300 Illinois National Guard troops, Gov. J.B. Pritzker said in a statement Saturday. 'Pritzker...
Trump deploys California National Guard to Portland

Trump deploys California National Guard to Portland

By Dan McCalebThe Center Square President Donald Trump on Sunday deployed California National Guard troops to Portland after a federal judge in Oregon on Saturday temporarily blocked the president from...
Peace on the line two years after Oct. 7 attacks

Peace on the line two years after Oct. 7 attacks

By Sarah Roderick-FitchThe Center Square Tuesday marks the second anniversary of the Oct. 7, 2023, Hamas terror attack; the impact of that day continues to be felt worldwide. Israel has...
U.S. Supreme Court looks to start consequential new term

U.S. Supreme Court looks to start consequential new term

By Andrew RiceThe Center Square The U.S. Supreme Court will hear the first oral arguments of its new term on Monday, with several high-profile cases already on the docket. The...
U of I scrutinized over perceived preference for international students

U of I scrutinized over perceived preference for international students

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The University of Illinois faces scrutiny over its Spring 2026 Master’s in Accounting program, with the...
lake land college.2

Lake Land College one of 10 national recipients of the Association of Community College Trustees (ACCT) Scaling Apprenticeship grant

Lake Land College was recently named one of 10 recipients of the Association of Community College Trustees (ACCT) Scaling Apprenticeship grant. With funding from Ascendum Education Group and in partnership...
Youngkin, Johnson call for AG candidate to withdraw after violent texts emerge

Youngkin, Johnson call for AG candidate to withdraw after violent texts emerge

By Dan McCalebThe Center Square Gov. Glenn Youngkin and U.S. House Speaker Mike Johnson are calling on Virginia attorney general candidate Jay Jones to exit the race after it was...
ICE agents shoot armed woman in suburban Chicago during attack

ICE agents shoot armed woman in suburban Chicago during attack

By Dan McCaleb | The Center SquareThe Center Square (The Center Square) – Border Patrol agents near Chicago shot an armed woman Saturday who was part of a group of...