Illinois passes largest tax hike in state history, with nearly $1 billion in new taxes in a $53 billion budget. Majority of the tax hike allocated to migrant spending. Republican Senator McConchie criticizes tax increase as funding for Joe Biden's migrant problem.
Key Points
Illinois passes largest tax hike in state history
Majority of tax hike funds allocated to migrant spending
Republican Senator criticizes tax increase as funding for Joe Biden's migrant problem
Budget totals $53.1 billion for fiscal 2025
Cons
Tax hike criticized for allocating majority of funds to migrant spending
Closed-door discussions without public or media input
Tax increase on sports wagering may negatively impact gaming sector