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Pritzker’s office releases tax estimate data Pritzker’s office releases tax estimate data

Pritzker’s office releases tax estimate data

Fewer than 20,000 Illinois millionaires would account for 80 percent of an estimated $3.4 billion in added income tax revenue under a graduated tax plan being touted by Gov. J.B. Pritzker, his office said in a release Friday. Per Pritzker’s projections, 19,939 Illinois taxpayers whose income exceeds $1 million would pay an added $2.72 billion in combined taxes to the state.

Court to decide who pays for water bottle tax incorrectly collected in Chicago Court to decide who pays for water bottle tax incorrectly collected in Chicago

Court to decide who pays for water bottle tax incorrectly collected in Chicago

Who should bear the loss when a retailer charges consumers a tax they were not supposed to pay? That is one facet of a case before the Illinois Supreme Court. At issue is whether several Walgreens pharmacies in Chicago charged the city’s water bottle tax accidentally or purposefully. The tax applies only to still water, but Walgreens also applied the 5-cent tax to sparkling and flavored...
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