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House GOP: Unexpected Revenue Means No New Taxes Needed

State House Republicans say that unexpected tax revenue means that no new taxes are needed. Leader Jim Durbin said yesterday that funds are available to balance the budget without any new tax increases. The Department of Revenue revealed in a letter Tuesday that the state had received greater-than-anticipated income.

Numbers released this week by the Department of Revenue and the Governor’s Office of Management and Budget reports Illinois received more than $4.1 billion of individual and corporate income tax revenue last month, up 38% from April 2018, and more than $1.5 billion higher than projected.

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