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

Colorado ranks eighth nationally for battling antisemitism

Colorado ranks eighth nationally for battling antisemitism

By Elyse ApelThe Center Square The Anti-Defamation League recently named Colorado one of nine states “leading the way” on combatting antisemitism. The Jewish Policy Index was conducted by the ADL...
Trump speaks with Zelenskyy, European leaders ahead of Putin meeting in Alaska

Trump speaks with Zelenskyy, European leaders ahead of Putin meeting in Alaska

By Caroline BodaThe Center Square President Donald Trump met virtually with Ukrainian President Volodymyr Zelenskyy, German Chancellor Friedrich Merz and other European leaders before flying to Alaska for a U.S.-Russia...
Texas House Democrats may return after first special session is over

Texas House Democrats may return after first special session is over

By Bethany BlankleyThe Center Square After the Texas House didn’t reach a quorum on Tuesday, the Texas House Democratic Caucus said absconding House Democrats would return after the first special...
Illegal border crossings reach lowest level in recorded US history in July

Illegal border crossings reach lowest level in recorded US history in July

By Bethany BlankleyThe Center Square Illegal border crossings nationwide dropped to their lowest level in recorded history in July, according to the latest U.S. Customs and Border Protection data. “CBP...
GE Appliances announces $3 billion investment in U.S. production

GE Appliances announces $3 billion investment in U.S. production

By Andrew RiceThe Center Square GE Appliances announced a $3 billion investment over the next five years to increase production at facilities across the country. The appliance manufacturer, whose parent...
VA reduces benefits backlog as concerns linger over potential cuts

VA reduces benefits backlog as concerns linger over potential cuts

By Brett RowlandThe Center Square The Department of Veterans Affairs said it processed more disability benefits compensation and pension ratings claims in a year than ever before, despite concerns that...
DOJ settles West Point lawsuit over race-based admissions

DOJ settles West Point lawsuit over race-based admissions

By Chris WadeThe Center Square The Justice Department has reached a settlement with the U.S. Military Academy at West Point to resolve a federal lawsuit targeting the elite schools over...
Texas AG Paxton files motion of contempt against O’Rourke

Texas AG Paxton files motion of contempt against O’Rourke

By Bethany BlankleyThe Center Square Texas Attorney General Ken Paxton has filed a motion for contempt against former U.S. Rep. Robert Francis (Beto) O’Rourke claiming he violated a temporary restraining...
WATCH: Illinois In Focus Daily | Wednesday Aug. 13th, 2025

WATCH: Illinois In Focus Daily | Wednesday Aug. 13th, 2025

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 shares comments from...
Illinois law empowers officials to crack down on predatory towing

Illinois law empowers officials to crack down on predatory towing

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Beginning Jan. 1, a new Illinois law cracks down on predatory towing by letting the Illinois...
Texas Supreme Court sets expedited schedule in Paxton, 13 House Dems case

Texas Supreme Court sets expedited schedule in Paxton, 13 House Dems case

By Bethany BlankleyThe Center Square The Texas Supreme Court has set an expedited schedule in a case filed by Attorney General Ken Paxton requesting the court remove 13 Texas House...
Texas Supreme Court sets expedited briefing schedule in Abbott-Wu case

Texas Supreme Court sets expedited briefing schedule in Abbott-Wu case

By Bethany BlankleyThe Center Square The Texas Supreme Court has set an expedited briefing schedule in a case filed by Gov. Greg Abbott to remove from office House Democratic Caucus...
Illinois quick hits: Former Chicago schools dean sentenced for sexual assault

Illinois quick hits: Former Chicago schools dean sentenced for sexual assault

By Jim Talamonti | The Center SquareThe Center Square Former Chicago schools dean sentenced for sexual assault A former Chicago public school dean has been sentenced to 22 years in...
Friday meeting with Putin a ‘listening exercise’ for Trump, Leavitt says

Friday meeting with Putin a ‘listening exercise’ for Trump, Leavitt says

By Morgan SweeneyThe Center Square White House Press Secretary Karoline Leavitt confirmed Tuesday that the president’s expectations for his Friday meeting with Russian President Vladimir Putin aren’t perhaps as high...
S&P 500, Nasdaq enjoy record day

S&P 500, Nasdaq enjoy record day

By Morgan SweeneyThe Center Square Two of the major three stock indices closed at all-time highs Tuesday amidst speculation that the Federal Reserve may reduce interest rates in September. The...