Last-Minute Illinois Budget Increases Spending with Over $800 Million in New Taxes
June 05, 2025
June 05, 2025
WASHINGTON, June 5 [Category: Political] -- Americans for Tax Reform posted the following commentary:
* * *
Last-Minute Illinois Budget Increases Spending with Over $800 Million in New Taxes
*
Just minutes before the deadline, Illinois Democrats passed a record high budget totaling $55.2 billion. The budget features a $2 billion increase in spending, containing more than $800 million in tax hikes on corporations, sports betting, and tobacco.
* * *
Last-Minute Illinois Budget Increases Spending with Over $800 Million in New Taxes
*
Just minutes before the deadline, Illinois Democrats passed a record high budget totaling $55.2 billion. The budget features a $2 billion increase in spending, containing more than $800 million in tax hikes on corporations, sports betting, and tobacco.