Jim Dey | State income-tax revenue strong in December, but corporate taxes down
Illinois’ current state budget picture continues to shine, largely on the basis of strong growth in state income-tax revenue.
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Illinois’ current state budget picture continues to shine, largely on the basis of strong growth in state income-tax revenue.
The state’s economy isn’t booming, but it’s doing well enough to reassure Gov. J.B. Pritzker and other state officials that finances remain in good shape.
Illinois’ revenue numbers can ebb and flow like the tide, and that’s been the case during the first two months of the 2023-24 fiscal year.
Chicken Little has issued regular warnings of an impending economic recession, but it’s yet to happen.
Chicken Little has issued regular warnings of an impending economic recession, but it’s yet to happen.