Coming on the heels of last week's news that Illinois has the highest taxes in the entire nation, we get a report that looks at Illinois' gas taxes and compares them to the rest of the country. We're not the highest, but...
As you probably already know, Illinois leads the Midwest (and is near the top in the nation) in outbound migration. When people who are moving out of our state are asked why, the number one reason, by a wide margin, is a one-word answer: taxes.
Last night, I started getting emails and texts from some people I know who are pretty plugged-in to Illinois politics. When I say plugged-in, I mean they're obsessed with the political machinations of a state that has just been named (again) as one of America's most corrupt states.
When recreational marijuana sales became legal in Illinois last January, there were many thoughts and projections centered around the amount of money the new pot laws would bring into Illinois' coffers. In particular, many of us wondered about tax money generated by weed sales.
I've heard lots of people ask where the tax money from the sales of recreational marijuana products here in Illinois is going. With sales of nearly a billion dollars in 2020, we've got to have a pretty decent pile of cash to spread around, wouldn't you think?