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2024 NASCAR ticket price up to $270 higher thanks to Chicago tax

2024 NASCAR ticket price up to $270 higher thanks to Chicago tax

The typical racing fan will pay an extra $22 for general admission to Chicago’s NASCAR “Street Race Weekend” thanks to the city’s amusement tax. Luxury seating could cost residents more than the price of a standard ticket in taxes alone.

By Vincent Caruso

The Policy Shop: Cut bureaucracy, build homes

The Policy Shop: Cut bureaucracy, build homes

This edition of The Policy Shop is by Director of Fiscal and Economic Research Bryce Hill. The Illinois Policy Institute was very clear about just how wrong Chicago Mayor Brandon Johnson was to push a hike in the real estate transfer tax to generate $100 million to address homelessness and affordable housing. Bad idea, with great potential...

Read all the Chicago Teachers Union’s contract demands

Read all the Chicago Teachers Union’s contract demands

The Chicago Teachers Union's lengthy list of demands includes base raises and experience compensation each year, housing help, climate justice, more compensation added to pension calculations and a pool of health care funds targeted to racial disparities.

The Policy Shop: Why 911 doesn’t respond in Chicago

The Policy Shop: Why 911 doesn’t respond in Chicago

Chicago Mayor Brandon Johnson has a lot of plans to change the social order, but what he doesn’t have is a plan for how to stanch the city’s literal or figurative bleeding. Without law and order, people and businesses will continue to flee: 32,990 people in 2022, plus major businesses over crime and taxes. Chicago’s...

The Policy Shop: Why Springfield should save the Invest in Kids Act

The Policy Shop: Why Springfield should save the Invest in Kids Act

This edition of The Policy Shop is by policy analyst Hannah Schmid. On Tuesday the Illinois General Assembly will begin the fall veto session, when they have a chance to override the vetoes issued by Gov. J.B. Pritzker plus put other bills in motion. The best use of their time this fall is to save...

The Policy Shop: Solving poverty the right way

The Policy Shop: Solving poverty the right way

This edition of The Policy Shop is by Director of Fiscal and Economic Research Bryce Hill. America has lost the War on Poverty. After nearly 60 years, the poverty rate remains stuck between 11% and 15%. It focused on making poverty less painful rather than helping people escape a trap that lasts for generations. The free...

The Policy Shop: One small victory for Illinois homeowners

The Policy Shop: One small victory for Illinois homeowners

This edition of The Policy Shop is by Director of Policy Research Joseph Tabor. Geraldine Tyler is a 94-year-old Minnesota grandmother who in 2010 fell behind in the property taxes on her one-bedroom condo after moving into a senior living apartment. Hennepin County took the condo, sold it for $40,000 to cover a tax debt...

The Policy Shop: The Chicago Teachers Union’s hypocrisy

The Policy Shop: The Chicago Teachers Union’s hypocrisy

This edition of The Policy Shop comes to you from policy analyst Hannah Schmid. Chicago Teachers Union President Stacy Davis Gates believes in school choice – for herself. Now that she’s admitted her child attends a private high school, she is attempting to spin the hypocrisy of trying to stop low-income families from making that same choice into...