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IPFS News Link • Illinois

Illinois Ponders Taxing Internet Streaming Services and Gas Tax Hikes of $0.19

• https://moneymaven.io, by Mish

Illinois is considering several bills that will without a doubt drive more businesses and individuals out of the state. One of them is likely illegal.

Gas Tax Hikes

Please consider Bill Seeks to Increase Illinois' Gas Tax to Fund Road Repair.

Illinois lawmakers are considering raising the state's gas tax by 19 cents a gallon and hiking vehicle fees to pay for transportation infrastructure repairs.

Legislation introduced last week proposes the state's first gas tax increase since 1990 and could raise an additional $2 billion in revenue each year, the Chicago Tribune reported. But it also would hike the electric-vehicle fee from $17.50 to $148, and increase truck registration fees by $100.

The fees for driver's licenses would double under the proposal, from $30 to $60, while passenger vehicle registration would increase from $98 to $148.


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