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Tag: Sales Tax

Parents get some relief with 10-day tax reduction on school supplies

Parents get some relief with 10-day tax reduction on school supplies

— August 4, 2022

SPRINGFIELD – Beginning Friday Aug. 5 and lasting through Sunday, Aug. 14, the state will reduce its sales tax rate from 6.25 percent to 1.25 percent for certain clothing items costing…

  • Sales-tax revenues takes hit in many cities, counties

    Sales-tax revenues takes hit in many cities, counties

    — May 25, 2020

    A “perfect storm” of issues has sucked $2.7 billion out of Illinois’ coffers, according to a state finance expert. Jim Muschinske, revenue manager for the state’s Commission…

  • Local governments want in on tax revenue from online sales

    Local governments want in on tax revenue from online sales

    — April 1, 2019

    SPRINGFIELD — A U.S. Supreme Court decision last year allows states to collect sales taxes from online retailers, even if they don’t have a physical presence in the state. Now,…

  • Measures to help Central IL veterans, special needs pass; road tax fails

    Measures to help Central IL veterans, special needs pass; road tax fails

    — November 10, 2016

    Voters in Peoria County approved a property tax increase Nov. 8 to provide assistance to people with developmental disabilities, military veterans, and the families of both living and…

  • Businesses balk at talk of Cook County sales tax hike

    Businesses balk at talk of Cook County sales tax hike

    — July 12, 2015

    Public input on the proposed increase in Cook County’s sales tax rate will be received July 15. The County Board’s Finance Committee will conduct a public hearing and committee…

  • February marijuana sales top $34 million

    February marijuana sales top $34 million

    — March 6, 2020

    SPRINGFIELD – Legal marijuana sales in the state remained strong in February, with nearly $35 million spent on marijuana and infused products in the second month of adult-use legalization….

  • Woodford County looks to keep special tax in place to fund jail

    Woodford County looks to keep special tax in place to fund jail

    — January 5, 2018

    There are few things law-abiding taxpayers like less than paying for the incarceration of jail inmates. It is, however, a necessary evil, and until the tail end of 2018, Woodford County…

  • Preckwinkle on county sales-tax hike: ‘It is what we had to do’

    Preckwinkle on county sales-tax hike: ‘It is what we had to do’

    — January 22, 2016

      Cook County Board President Toni Preckwinkle is hoping for less turbulent times in 2016. Reinstatement of the county sales tax hike that she campaigned against and pushing for…

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