Hidden bill: Chicago taxpayers and the Windy City crisis
Hidden bill: Chicago taxpayers and the Windy City crisis
Each Chicago household is on the hook for more than $63,800 in future tax bills – much of it for services already rendered.
Each Chicago household is on the hook for more than $63,800 in future tax bills – much of it for services already rendered.
UPDATED JULY 19: It’s almost inevitable that the state will violate either the Fair Labor Standards Act or the Illinois Constitution
City officials are pushing property-tax hikes, sales-tax hikes, and even a commuter tax and financial-transaction tax.
Temporary, unbalanced budget now moves to the governor’s desk for approval – Rauner has said he will veto the measure.
Buying local just got a lot less appealing for Chicagoans. The city reclaimed the highest sales-tax rate of any major city in the nation on July 15, when the Cook County Board, which oversees Illinois’ largest city, voted to raise its portion of the sales tax, bringing Chicago’s combined rate to 10.25 percent from 9.25...
Even if Senate Bill 2040 passes into law, it only buys the General Assembly a couple of weeks.
It is wrong that the General Assembly doesn’t have to feel the impact of their actions when they are responsible for other Illinoisans not receiving paychecks.
A new study puts Illinois’ state finances in dead last among the 50 states.
Arguing that tax hikes are a precursor to growth and a flood of new residents is simply backward.
Smashing the status quo means respecting Illinoisans’ interests.
If nothing is getting done in the Capitol, voters should look first to those most capable of taking swift action: Madigan and his Democrat supermajority.
Figuring out who qualifies for the payments will be a logistical nightmare, according to the state comptroller’s office.
Like so many Illinoisans working in a stagnant state economy, state lawmakers will not receive pay raises this year. But House Speaker Mike Madigan and Senate President John Cullerton will still receive bonuses in excess of $25,000.
State leaders took an oath to uphold the Illinois Constitution. But they show deference to the document only as it suits them.