Buckle Up, Folks, Illinois' Budget Is $536M Short

Buckle Up, Folks, Illinois' Budget Is $536M Short

Illinois payroll tax would kill jobs, reduce wages – Illinois Policy

There’s also a chance this tax is illegal. The Illinois Constitution mandates a single tax on income. Corporations and businesses already face a flat income tax. Adding a payroll tax based on wages may be interpreted as a form of “double taxation” that is not permitted in Illinois.

Illinois payroll jobs hit monthly record as unemployment steadies

Nonfarm payrolls in Illinois increased by 4,100, or 0.1%, over the month to reach a new record high of 6,172,500 payroll jobs in April, the Illinois Department of Employment Security (IDES) announced.  In its monthly unemployment report Thursday, May 15, IDES said it marks the second new record in as many months as well as […]The post Illinois payroll jobs hit monthly record as unemployment steadies  appeared first on Quad Cities Business Journa…