When Governor Pritzker made his State of the State address at the beginning of the legislative session, he laid out a vision for the state that required working people to fight each other for scraps to fund the programs we need. Our coalition, the Illinois Revenue Alliance, built a list of revenue solutions that would generate more than $6 billion in new revenue. Ultimately, $355 million worth of those solutions were incorporated into the state’s 2026 budget.
We’re proud of our progress, and that $335 million will go towards vital programs and services that might otherwise have been cut. We also won inclusion of a rule to stop multinational corporations from double-dipping—deducting expenses tied to profits they’ve shifted offshore while avoiding taxes on those same profits. This closes one of the many loopholes corporations use to pay less while everyday people pay more.
But these wins aren’t enough to protect the programs we rely on from the looming threats facing us from the Trump administration. With our state under attack from the federal government, we need our leaders to be bolder about creating new revenue by requiring corporations and the rich to pay their fair share.
