by Brian Costin | Illinois Policy Institute
Statistics show Illinois is a high-tax state. Ironically, advocates of tax hikes across the state often argue that Illinois is a low-tax state. The people have a right to know the truth about Illinois’ tax environment.
If you add up Illinois’ state and local taxes and as of the end of 2010, Illinois residents have the ninth-highest overall tax burden per capita in the nation. And that’s even before factoring in the 67 percent income tax hike from 2011.
One of the most painful taxes residents in Illinois face is property taxes. Property taxes fund a multitude of local government agencies, such as: municipalities, schools, park districts, libraries, TIF districts, mosquito abatement districts, townships, counties and more.