“Our house, when we purchased it in 2002, we paid $195,000. I believe the fair market value right now is maybe below $180,000. To pay almost $8,000 in property taxes for a house that is not even valued at $200,000 is insane. “I wasn’t born here, I moved here from Mississippi in 2000. I moved...
Joe Ocol is taking his South Side chess team to one of the nation’s premier tournaments. But he needs help paying their way.
Effective property tax reform must rein in the government costs that drive up taxes.
Illinois needs to enact structural spending reforms to avoid following Puerto Rico down the path to insolvency.
Glassdoor agreed to three sets of hiring dates in 2016, 2017 and 2018 in which the job-finding website would hire 240 new employees.
Local lawmakers should consider Trump’s plan and position the state to thrive under federal changes.
Another Band-Aid budget deal won’t fix the financial problems that plague Illinois or stop the state’s credit rating from falling to junk.
Jackson County has the highest median property taxes among the southernmost counties in Illinois, and falls in the state’s top 50 counties for highest property taxes. Meanwhile, Hardin County residents pay the lowest median property taxes in the state.
The corporate tax reforms under President Donald Trump’s proposed tax plan could strengthen Illinois’ position as a home for businesses, but the state’s uncompetitive income, property and death tax policies would put its residents at an even greater disadvantage with respect to other states if the president’s plan passes.
House Bill 607 would allow for the consolidation of a duplicative layer of government, something Illinois taxpayers desperately need.
With an average property tax bill of more than $2,000 a year, Decatur continues to hike taxes on a shrinking population.
“Our property taxes are 12 percent of our income. And this is an unincorporated area. “All our neighbors complain about it. People at work complain about it. You read so much about it. There’s a high level of frustration. Because they see what’s happening to their pocketbooks. They’re feeling the effects of it. “On property...
When it comes to taxes, everyone works for the government. Illinoisans worked 120 days – from Jan. 1 until April 30 – to pay the taxes they owe to federal, state and local governments.
Despite the massive size and scope of the project to widen the Tri-State, the Illinois Tollway board suggests new tolls and taxes won’t be needed – but history shows that promises related to tolls in Illinois haven’t held up in the past.