“Bring Chicago Home” would classify more than 100 grocery stores as high-end properties that need to “pay their fair share” if sold. Chicago Mayor Brandon Johnson’s rhetoric fails to match his tax hike’s realities.
Chicago Mayor Brandon Johnson’s real estate transfer tax hike comes with no guarantees he won’t use the money for things other than homeless relief. So why should voters believe he won’t hand the money to his cronies at the Chicago Teachers Union?
March 19 primary ballots ask Chicago voters whether they support Mayor Brandon Johnson's real estate transfer tax hike. While he and 'Bring Chicago Home' advocates claim money will help homeless Chicagoans, there is reason to worry about hurting 5,143 commercial properties with no guarantee how this 'mansion tax' will be used.
Gov. J.B. Pritzker’s proposed reduction of Illinois’ standard income tax exemption would increase taxes for over 11 million individuals. Some state leaders warn the effective tax hike would hit working families hardest.
Chicago’s March 19 primary election includes Mayor Brandon Johnson’s real estate transfer tax hike to raise $100 million, dubbed “Bring Chicago Home.” Will higher taxes without a plan help homeless Chicagoans or hurt their job prospects?
Votes on Chicago’s March 19 referendum will count, according to an Illinois Appellate Court ruling. Now voters must weigh the merits of the real estate transfer tax hike.
Chicago Mayor Brandon Johnson and advocates for a hiked real estate transfer tax argue the rich need to pay their fair share, but many local businesses fall in their definition of “rich.”
Gov. J.B. Pritzker’s record-setting $52.7 billion 2025 spending plan needs massive tax increases. Tax changes will hurt individuals, businesses and local governments.
Tax hikes on businesses and individuals didn’t make the cut in Illinois Gov. J.B. Pritzker’s budget address, but they’re a big part of his budget proposal.
A Cook County judge ruled Feb. 23 Chicago Mayor Brandon Johnson’s “mansion tax” was unconstitutional and should be removed from the primary election ballot.
Illinois is on an upward path, Illinois Gov. J.B. Pritzker said during his State of the State speech. True, by some measures. Not so much by too many measures that matter.
Gov. J.B. Pritzker is supporting an end to Illinois’ 1% grocery tax. Illinois is one of only 13 states with a grocery tax, and the only one of the nation’s 10 largest states.
Pritzker proposes to permanently repeal the 1% state grocery tax. That’s good. The ballooning size of the state budget, not so good.
The pandemic had an upside for Illinois state finances – infusing federal dollars as state revenues exceeded projections. Now federal aid is gone. Illinoisans’ ongoing struggles warrant caution, reform in the state’s fiscal year 2025 budget.