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Even if the economy peps up, taxes will have to rise
This year’s budget was no easy feat, and next year’s is expected to be even more challenging as the state nears a looming fiscal cliff.
Major online oddsmakers like FanDuel and DraftKings say they have to "reevaluate" their Illinois operations with a hefty tax increase on the way. Gov. J.B. Pritzker says the state is just getting its fair share from the $1 billion industry.
Despite another cool reception from state lawmakers in their bid for help financing a new dome south of Soldier Field, team officials insisted they’re still making forward progress.