Changes to federal SALT deduction expose Illinois’ high taxes
Changes to federal SALT deduction expose Illinois’ high taxes
House Bill 4237 seeks to get around Congress’ limitation of a federal deduction that benefits high-tax states, but residents would be better served by efforts to directly reduce state and local taxes in Illinois.
By Travis Nix
Rahm’s proposal would push Chicago Airbnb taxes above 23 percent
Rahm’s proposal would push Chicago Airbnb taxes above 23 percent
The mayor’s proposed 2 percent fee would punish short-term rental customers and providers.
By Eddie Damstra
McHenry County state’s attorney: Consolidate townships
McHenry County state’s attorney: Consolidate townships
An investigation into the office of a former township official concluded with no criminal charges. But the probe did find evidence that calls into question the merits of township governance.
As city of Springfield sees taxes rise, its population falls
As city of Springfield sees taxes rise, its population falls
With pension debt straining city finances, local politicians have insisted on turning to its declining population for more tax revenue.
Taxpayers, reformers at a structural disadvantage in Illinois budgeting
Taxpayers, reformers at a structural disadvantage in Illinois budgeting
Yes, the state has a budget. But how that budget came to be reveals the reasons our state continues to spend with abandon, tax too much and fail in fostering an economy where its people can prosper.
By John Tillman
Rauner signs spending plan into law
Rauner signs spending plan into law
While it’s the closest the state has come to passing a balanced budget in years, Illinois’ new spending plan leaves a lot to be desired for taxpayers.
By Adam Schuster
Illinois General Assembly passes bill mandating $40,000 minimum salary for teachers
Illinois General Assembly passes bill mandating $40,000 minimum salary for teachers
A bill that would raise the minimum salary for teachers to $40,000 now awaits Gov. Bruce Rauner’s signature.
By Eddie Damstra
Budget gimmicks explained: Why the new Illinois spending plan is not balanced
Budget gimmicks explained: Why the new Illinois spending plan is not balanced
Lawmakers claiming to have passed a balanced budget are relying on a number of common, but deceptive, budget maneuvers.
By Adam Schuster
Belleville school districts are ripe for consolidation
Belleville school districts are ripe for consolidation
Illinois has more units of local government than any other state in the country, many of which are duplicative and overlapping. In Belleville, where the majority of the city’s school districts cover fewer students than the state average, consolidation efforts could boost efficiency while saving taxpayer dollars.
By Vincent Caruso
Illinois school districts spend taxpayer money on Springfield lobbying
Illinois school districts spend taxpayer money on Springfield lobbying
Residents are seeing property tax dollars flow toward lobbying for policies that increase homeowners’ property tax bills.
By Eddie Damstra
Illinois General Assembly passes state budget out of balance by as much as $1.5B
Illinois General Assembly passes state budget out of balance by as much as $1.5B
Lawmakers voted to approve the 1,245-page budget less than 24 hours after it was revealed to the public.
By Adam Schuster
House passes Madigan’s progressive tax resolution
House passes Madigan’s progressive tax resolution
A majority of House lawmakers sided with the speaker over tapped-out taxpayers.
By Vincent Caruso
Illinois Senate passes Cullerton budget, out of balance by as much as $1.5B
Illinois Senate passes Cullerton budget, out of balance by as much as $1.5B
State senators voted to approve the 1,245-page budget just hours after it was made public.
By Adam Schuster