Rep. David Harris

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Business & Lifestyle

COMMENTARY: Illinois legislature considering allowing tax bills to be paid with cryptocurrency

A recent topic of discussion in the Illinois House may become a point of discussion in next week's scheduled hearing of the House Revenue and Finance Committee, slated for 3:00 p.m. on Wednesday, April 11. What is this point of discussion, you ask? A proposed bill filed by Democratic state representative Michael Zalewski (also the chair of mentioned committee), House Bill 5335, may allow for the payment of tax bills with cryptocurrency, but there is much confusion from the vague […]

todayApril 5, 2018 11

Decision 2018

In spite of tax hike, ratings agency eyes change that could junk Illinois

SPRINGFIELD (Illinois News Network) -- Illinois could be on the fast track to a junk credit rating, despite lawmakers assuring that a tax hike in July would keep the state from the infamous designation. “If we don’t get this done we will become the first state in the history of the United States of America to be in junk bond status,” state Rep. Mike Unes, R-East Peoria, said this summer. He and several other Republicans joined Democrats in overriding Gov. […]

todayDecember 14, 2017 3

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