Budget + Tax

Retirement-tax resolution

Retirement-tax resolution

Thirty-nine Illinois state representatives have signed on to a resolution stating their opposition to the imposition of a state tax on retirement income as revenue plans circulate ahead of state budget negotiations in 2016.

By Heather Weiner

Growing out of control: Property taxes put increasing burden on Illinois taxpayers

Growing out of control: Property taxes put increasing burden on Illinois taxpayers

Property taxes are the single largest tax in Illinois, burdening residents far more than either income or sales taxes. Illinoisans already know they pay high property taxes. But what is not as well known is that property taxes are outpacing residents’ ability to pay for them. Over the past 50 years, whether measured in comparison...

By Ted Dabrowski, John Klingner

Cassandra Bajak

Cassandra Bajak

“I have friends who are very successful and friends who are barely getting by. I’d say our family is in the middle of that, living paycheck to paycheck. My husband is an Army veteran and we have two kids. “We love our neighborhood. We love our house. We built it 13 years ago and our...