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Saturday, November 2, 2024

Stephens: 'Illinois is once again ranked dead last when it comes to tax-friendliness'

Bradstephens

State Rep. Brad Stephens (R-Rosemont) | Facebook / Brad Stephens

State Rep. Brad Stephens (R-Rosemont) | Facebook / Brad Stephens

State Rep. Brad Stephens (R-Chicago) took to Twitter to express the needs of families after a study found Illinois taxing its residents the most.

“Illinois is once again ranked dead last when it comes to tax-friendliness, with the highest effective total state and local tax rates in the nation,” Stephens wrote on Facebook. “If we want families to move here, stay here, and thrive then we have to take some of the (burdens) off our hardworking residents.”

A WalletHub study ranked Illinois the least tax-friendly state in the country, with the average Illinois household paying more than $9,000 in taxes every year.  In Alaska, which was ranked the tax-friendliest state, the average household pays around $4,585 every year in taxes.  

“According to the study, we pay about 39% more taxes than the average American,” Fox 32 Chicago noted.

In his three years in office, Gov. J.B. Pritzker has imposed 24 tax and fee increases, costing Illinoisans $5.2 billion. These increases include doubling the motor fuel tax in 2019, increasing vehicle registration fees by $50, increasing taxes on cigarettes, e-cigarettes, and video game consoles, according to Illinois Policy.

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