Asset Transfers for Pension Relief

Asset Transfers for Pension Relief

Prior to Governor Pritzker’s budget proposal, he appointed two task forces to take a closer look at some potential solutions to Illinois’ pension underfunding problem. Or underfunding catastrophe. One of these task forces is looking into the benefits of consolidating...
Governor Pritzker’s Budget Breakdown

Governor Pritzker’s Budget Breakdown

In 2020 Illinois will likely experience changes that will profoundly alter how the state operates for years to come. When Gov. J.B. Pritzker came into office, he inherited a $2.8 billion budget deficit. That deficit is expected to rise to $3.4 billion in just a few...
What Does a Vehicle Mileage Tax Look Like?

What Does a Vehicle Mileage Tax Look Like?

The recent gubernatorial and current Chicago mayor elections have brought forth a plethora of new taxing ideas. While no politicians seem interested in less government spending or reducing the size and scope of government’s gigantic footprint in Illinois, literally...