Rob Karr

IMA and IRMA / IMA and IRMA

Illinois Gov. J.B. Pritzker tried to convince business groups Wednesday to accept his graduated income tax plan. 

a plastic bag in a tree
Brian Mackey / NPR Illinois

Gov. J.B. Pritzker wants to create a host of new taxes to help balance Illinois’ budget — on everything from e-cigarettes to medical insurance companies.

NPR Illinois reporters have been breaking down those revenue-generating ideas. Today we’re looking at a potential tax on shopping bags.

Flickr user: TaxCredits.net

Stores in Illinois keep a portion of what you pay in sales tax. Think of it like a collection fee, though in state government shorthand it’s called a retail discount.

The amount is based on a percentage of what they collect. So the more they sell, the more they keep.

Gov. J.B. Pritzker wants to cap that amount to $1,000 per month for each retailer. It’s one of several proposals aimed at addressing a $3.2 billion deficit in next year’s budget.

Daisy Contreras / NPR Illinois

Business owners across Central and Southern Illinois say they have concerns about what a  $15 per hour minimum wage increase could mean for their bottom line.

Daisy Contreras / NPR Illinois

Illinois lawmakers are moving quickly to draft a plan for a minimum wage increase. But, there are competing ideas on how to approach it. 

IRMA

The holiday shopping season is upon us and shifts in the retail sector are becoming more evident.  

U.S. Supreme Court exterior
Brittany Hogan / Flickr (CC-by 2.0)

A decision from the U.S. Supreme Court Thursday gives more power to states to collect taxes on Internet sales. It could be a boon to Illinois, but not as much as in other states.

Amanda Vinicky

Illinois' unemployment insurance program will see some changes next year, the result of something that's rare in Springfield these days as a budget stalemate persists: hard-fought negotiations giving way to a compromise.

Amanda Vinicky

  There are more than 200,000 limited liability corporations operating in Illinois. The governor has a proposal he says will add more. But business groups are skeptical it will help.

To file as an LLC in Illinois, you have to pay the state at least $500.

During his state of the state address, Gov. Pat Quinn proposed lowering the fee to $39.

"This small but important step will encourage entrepreneurs to start their business and put more people to work right here in Illinois," Quinn, a Democrat, said.