Cook County Board President Toni Preckwinkle struck a pension deal for county employees earlier this month. The plan recently materialized into legislation that quickly moved through the Illinois Senate, but has not passed in the Illinois House. Preckwinkle’s plan fails to fundamentally reform pensions and may result in massive tax and fee increases, a reduction...
Illinois lawmakers have voted down a proposal that would have imposed a $0.01 per-ounce tax on soft drinks sold in the state of Illinois. According to the Illinois Manufacturers Association, the tax would have added $2.88 to the cost of a case of soft drinks. It would also have added to the already-heavy regulatory burden...
Illinois politicians passed a record income tax increase in January 2011. Part of the deal they made was to allow most of that tax hike to sunset in 2015. That deadline is quickly approaching – Illinois’ income tax rates are legally required to come down in nearly six months. Lawmakers should have been preparing for...
There are some in Illinois who continue to beat the drum for establishing a state-funded health insurance exchange as part of the Affordable Care Act, commonly known as ObamaCare. But mounting evidence from around the country now confirms that Illinois lawmakers were wise when they didn’t dive in to adopt a state-funded exchange. Fourteen states...
After health department officials shut down the cupcake business of a little girl from Troy, Ill., lawmakers tried to craft a new set of rules for “kitchen businesses.” But one Illinois senator had added so many harmful requirements into the bill that would have crippled the home kitchen industry – fortunately, his version of the bill...
The U.S. Chamber of Commerce ranked the regulatory environment in 10 major U.S. cities, and the results aren’t pretty for Chicago. One writer described starting a professional services business in Chicago as a “dystopian nightmare.” Professional and business services make up 780,000 payroll jobs in the Chicago metropolitan area, a major part of current employment...
Finding out who is actually covered under ObamaCare just became more difficult. The U.S. Department of Health and Human Services, or HHS, has announced that it will no longer be regularly reporting on the law’s progress. Not only does this announcement mean that it will be virtually impossible to obtain information on the law’s progress...
In 2011, Illinois lawmakers passed the largest income tax increase in the state’s history with the promise that the increase would sunset in 2015 and income tax rates would return to their previous rates. In other words, the income tax increase was made to be temporary. Today, on the cusp of the income tax increase...
An estimated 32 million drivers will hit the road this Memorial Day weekend, according to AAA. And those leaving from the Chicago area will feel much more pain at the pump. The national average for a gallon of gas is $3.65. In Illinois, the average price per gallon is $3.83. But the average price per...
President Barack Obama is quick to paint an underdog picture when it comes to his fight to push through the Affordable Care Act. He has claimed that: “We didn’t make a hard sell. We didn’t have billions of dollars to spend on commercials like our critics did.” But the federal government directed almost $155 million...
Illinois Sen. Ira Silverstein wants to ban Illinois drivers from using Google Glass, even before complaints about drivers using it have become an issue. Silverstein has been pushing a Google Glass ban for some time, even before it became available for the general public to buy, and this week representatives from Google went to the...
Burke’s proposal to end the process of reissuing city carriage licenses starting in 2015 came seemingly out of the blue.
In the wake of a corruption scandal, the village of Burnham has taken down all public information from its website and placed the site in “Maintenance Mode.” The scandal came about after the village’s former clerk pleaded guilty to stealing more than $700,000 from local taxpayers, and an online transparency inquiry by the Illinois Policy...
House Speaker Mike Madigan couldn’t get a progressive tax hike on the November ballot. His next effort, to get an extension of the tax hike, has failed so far. Now, he is back with yet another money-grab scheme. Madigan has proposed an advisory referendum on the fall ballot proposing a millionaire surcharge. (An advisory referendum...