Social Media News: Pritzker proposes $56B budget with minimal new spending, tax on social media companies

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Details: Written by Bing News Search Results; Category: Social Media; Published: 21 February 2026; Created: 21 February 2026; Last Updated: 21 February 2026

Like the last two budgets, Pritzker is again opting for targeted tax increases that will be paid by businesses rather than consumers. His proposal does not include new taxes on millionaires and billionaires and corporations sought by progressive Democrats. Instead it would tax social media companies, raising a projected $200 million in revenue.
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Source:www.nprillinois.org

Posted: 2026-02-18 11:04:00

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