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.

Events

No events

Leave a Comment





Latest News Stories

Fentanyl poised to take center stage during Trump, Xi meeting

Fentanyl poised to take center stage during Trump, Xi meeting

By Sarah Roderick-FitchThe Center Square Fentanyl is set to be at the center of President Donald Trump’s scheduled meeting with Chinese President Xi Jinping Thursday morning. Trump told reporters last...
'Outrageous': Lawmakers bash Biden admin for targeting, surveilling 156 Republicans

‘Outrageous’: Lawmakers bash Biden admin for targeting, surveilling 156 Republicans

By Thérèse BoudreauxThe Center Square The Biden administration’s probe into President Donald Trump’s 2020 election loss progressed far beyond investigating potential fraud and potentially targeted 156 conservatives and conservative organizations....

WATCH: Cruz calls on House to impeach federal judge over subpoenas of Republicans

By Andrew RiceThe Center Square U.S. Sen. Ted Cruz, R-Texas, on Wednesday called on the U.S. House of Representatives to impeach a federal judge involved in an investigation into President...

WATCH: Pritzker declares agricultural trade ‘crisis’ while Trump touts new deals

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has signed an executive order to declare an agricultural trade crisis in Illinois. The...
Economists say Trump's tariff play could boost trade deficits

Economists say Trump’s tariff play could boost trade deficits

By Brett RowlandThe Center Square Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used...
Amnesty International condemns U.S. strikes on suspected drug boats

Amnesty International condemns U.S. strikes on suspected drug boats

By Brett RowlandThe Center Square Amnesty International, a human rights organization, condemned U.S. military strikes on suspected drug boats in the Caribbean and eastern Pacific that have killed 57 people...
Federal Reserve cuts key interest rate for second time this year

Federal Reserve cuts key interest rate for second time this year

By Brett RowlandThe Center Square The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump...
Immigrants grow Michigan's population, advocates say

Immigrants grow Michigan’s population, advocates say

By Andrew RiceThe Center Square Detroit’s population grew for the second year in a row after years of steady decline, according to census data. Advocacy groups attribute much of the...
WATCH: Trump says he can't run for third term after months of conjecture

WATCH: Trump says he can’t run for third term after months of conjecture

By Brett RowlandThe Center Square President Donald Trump said on Wednesday that he's disappointed he can't seek another term as president after months of speculation that he might try to...
Senate votes to approve 'Bat Week'; no vote to end shutdown

Senate votes to approve ‘Bat Week’; no vote to end shutdown

By Thérèse BoudreauxThe Center Square U.S. senators have remained locked in a government shutdown fight for nearly a month, but unanimously agreed Wednesday to designate Oct. 24 to Oct. 31,...
Florida to crack down on H-1B visas, following Trump's lead

Florida to crack down on H-1B visas, following Trump’s lead

By Andrew RiceThe Center Square American graduates will be prioritized by the state public university system in Florida, Gov. Ron DeSantis said Wednesday. The second-term Republican said he is directing...
Expert: Arizona's 2026 budget faces Big Beautiful Bill impact

Expert: Arizona’s 2026 budget faces Big Beautiful Bill impact

By Zachery SchmidtThe Center Square The biggest impact on Arizona's 2026 budget will come from the federal One Big Beautiful Bill Act, according to Glenn Farley, the Common Sense Institute’s...
Research institute to Congress: Prioritize American healthcare over noncitizens

Research institute to Congress: Prioritize American healthcare over noncitizens

By Tate MillerThe Center Square The American First Policy Institute is calling on Congress to prioritize American patients over illegal aliens and expressed its disapproval toward the illegal alien-favoring proposal...
Illinois beef producers say Trump’s Argentina beef plan hurts farmers

Illinois beef producers say Trump’s Argentina beef plan hurts farmers

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois beef producers express frustration over President Donald Trump’s plan to expand beef imports from Argentina,...
Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

By The Center SquareThe Center Square Bailey family announces memorial services Republican gubernatorial candidate Darren Bailey has announced details of memorial services for his family members who died in a...