Unlike the people who voluntarily have given tens of thousands of dollars toward Cards Against Humanity's Black Friday hole-digging gag, Illinois taxpayers are forced to pour money into the state's ever-growing budget and pension gaps.
Chicago City Council expanded its 9 percent amusement tax to include businesses subscribing to satellite television – another way to nickel and dime the most taxed residents in the state.
Chicago would create new transit-based super TIFs before the close of the year in order to secure federal funding, while adding more opportunities for city-run slush funds to hoard tax dollars.
Fiscal mismanagement by Illinois politicians has resulted in mounting deficits that are hurting the state’s economy, leading to ever-higher taxes, and driving people and their income out of the state.
The time is ripe to offer private insurance options to needy Illinoisans through premium-assistance programs and Medicaid savings accounts.
Despite the heavy burden Mayor Rahm Emanuel’s 2017 budget imposes on Chicago taxpayers, not a single alderman voted against it.
The Nov. 8 election saw Madigan lose his supermajority in the Illinois General Assembly. Now, two Democrats are calling on the speaker to present his solution set for a state in fiscal crisis before pledging to vote for his re-election as House speaker.
Illinois will spend $1 billion more on annual debt payments than it will on human services in fiscal year 2017.
Voters in Naperville and surrounding townships voted in favor of government consolidation in nonbinding ballot questions.
Now that politicians don’t have the flexibility to access transportation funding during emergencies, they’ll use the lack of funds as an excuse to pass higher taxes on Illinoisans.
The commuter train service’s board approved rate hikes for the third time in as many years, making it costlier to get to and from Chicago.
Cook County Board President Toni Preckwinkle cast the tie-breaking vote in favor of new tax on sugary and artificially sweetened beverages.
Standard & Poor’s sent Chicago Public Schools’ credit rating deeper into junk territory in the wake of the new $9.5 billion teachers’ contract. The ratings firm said the new contract will make the district’s financial crisis worse.
The ruling could affect 1.5 million motorists.