By McLean County Times |
Mar 22, 2024
Illinois Republicans have been saying for years that the state’s residents are overtaxed and overregulated, and this report just lends more credence to that view," highlighted the recent report from Moody’s Analytics and the state’s Commission on Government Forecasting and Accountability, which found that high taxes are hindering economic growth in Illinois.The report also shed light on the storm clouds gathering over the state budget, with the Commission on Government Forecasting and Accountability warning that "sales tax revenue is flat, growth of income tax revenue is...