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Hefty burden: Illinois Gov. Pritzker enacts $750 million tax increase bill
Just The News ^ | 6/8/24 | Greg Bishop

Posted on 06/08/2024 6:22:01 AM PDT by AT7Saluki

Now law is the $750 million in tax increases to fund Illinois’ largest spending plan in state history. But so is a measure increasing the state’s debt by $8 billion while giving schools more taxing authority. Pritzker signed the $53.1 billion budget Wednesday. Friday, he signed the tax measure that includes capping the credit businesses can get for claiming net operating losses and capping the discount retailers get for collecting and remitting sales taxes.

Hours later, Pritzker defended another tax increase, the tiered tax on sports betting companies. “In fact, if you look at what we did, really our focus was on asking people who can, companies that can pay more to pay more,” Pritzker said.

Pritzker also signed the bond authorization measure Friday. State Rep. Tom Weber, R-Lake Villa, said House Bill 4582 not only puts taxpayers $8 billion in more debt, it also allows local school boards to increase property taxes without a referendum. The bill synopsis states “beginning September 1, 2024, no referendum shall be required to build or purchase a building for school classroom or instructional purposes if, prior to the building or purchase of the building, the board determines, by resolution, that the building or purchase will result in an increase in pre-kindergarten or kindergarten classroom space in the district.”

(Excerpt) Read more at justthenews.com ...


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections; US: Illinois
KEYWORDS: budget; illinois; jbpritzker; pritzker; spending; tax; taxes
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To: OSHA

COMPANIES CAN MOVE, STUPID.


21 posted on 06/08/2024 8:31:19 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: AT7Saluki

The left hates billionaires unless they are leftist billionaires.


22 posted on 06/08/2024 8:32:20 AM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: AT7Saluki

It never occurs to them that maybe the goal should be to tax LESS. The mentality of never having enough money so the only answer is to ‘find’ (rob) more money for never ending ‘government help’ is astonishing...and yet they STILL go into more debt.

Pure theft.


23 posted on 06/08/2024 8:38:06 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: AT7Saluki

Keep sending those illegals. Sounds like there is plenty of money in Illinois.


24 posted on 06/08/2024 9:04:37 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: AT7Saluki

Where does State lottery money go? You’d think there would be gobs of free money there.


25 posted on 06/08/2024 9:43:02 AM PDT by existentially_kuffer
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To: personalaccts

There was only a few big cities that voted for this.


26 posted on 06/08/2024 9:45:03 AM PDT by roving (Deplorable Erectionists Listless Vessel )
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The rest of the Pritzker keyword, sorted:

27 posted on 06/08/2024 10:32:47 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: AT7Saluki

tax the teaching industry...that’s a money pit that goes down forever...


28 posted on 06/08/2024 10:34:22 AM PDT by cherry
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To: AT7Saluki

Keep your eye on outgoing UHaul trucks.


29 posted on 06/08/2024 11:01:35 AM PDT by lurk (u)
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To: fuzzylogic

<>It never occurs to them that maybe the goal should be to tax LESS.<>

Here in the Free State of Florida, THAT is the goal.

It works.


30 posted on 06/08/2024 2:07:13 PM PDT by Jacquerie (ArticleVBlog.com)
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To: AT7Saluki

More Illinois businesses will flee to Florida, Texas and other low tax, free states.


31 posted on 06/08/2024 2:53:58 PM PDT by july4thfreedomfoundation (Disband and Defund the putrid FBI. America does not need an out of control Gestapo)
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To: AT7Saluki

“Why do you rob banks?”

“Because that’s where the money is...”

Governments take it up a notch - just take it from the citizens, so it never makes it to the banks.

See - they’re looking out for us...


32 posted on 06/08/2024 6:34:30 PM PDT by greenbrier
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To: greenbrier

They need their own Howard Jarvis.


33 posted on 06/09/2024 2:52:41 PM PDT by DIRTYSECRET
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To: AT7Saluki
Meanwhile...

Bill allowing permanent nursing home mail-in voting awaits Pritzker's signature

34 posted on 06/09/2024 2:57:26 PM PDT by mewzilla (Never give up; never surrender!)
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To: mewzilla

https://justthenews.com/nation/states/center-square/bill-allowing-permanent-nursing-home-mail-voting-awaits-pritzkers


35 posted on 06/09/2024 2:58:49 PM PDT by mewzilla (Never give up; never surrender!)
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To: DIRTYSECRET

Howard’s still waiting in the cab...


36 posted on 06/10/2024 7:13:11 AM PDT by greenbrier
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To: AT7Saluki
A very interesting Pritzker related by the bye...

Big Scandal Brewing

37 posted on 06/13/2024 4:55:45 AM PDT by mewzilla (Never give up; never surrender!)
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To: AT7Saluki

America is plagued with an inflation that causes prices of everything to rise.

Everything includes taxes


38 posted on 06/13/2024 5:06:26 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
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