Under the program, donors can receive a federal tax credit of up to $1,700. That’s a direct subtraction from your tax bill, not just a deduction from your taxable income.
The city raised the streaming tax last year and maintains a 9% amusement tax on tickets.
A proposed ordinance would force landlords to pay tenants thousands to end a lease. The mandate risks higher rents and fewer affordable units.
Of the 131 who voted for the increases in 2019, 51 aren’t in the General Assembly today.
Revenue is falling short of expectations from the grocery tax, which was enacted after Gov. J.B. Pritzker repealed the state grocery tax.
Stacy Davis Gates’ tenure as president of the Chicago Teachers Union and Illinois Federation of Teachers has been riddled with scandals. Now, fewer than 1-in-3 Chicagoans have a favorable opinion of the union.
Thinking of buying or selling a home in Illinois? From sky-high property taxes to confusing new commission rules, navigating the real estate market is tougher than ever.
The CPS budget proposal relies on hundreds of millions in fund sweeps to “balance.” Despite layoffs, CPS payrolls grew compared with last year and remain 8,250 higher than 2020 levels despite fewer students.
Partisan politics is a big player in the Illinois Capitol. The state needs real redistricting reform to increase competition, expand representation and strengthen accountability.
Chicago’s biggest music event brings in millions in revenue for the city, but tickets to the lakefront festival carry the amusement taxes and overnight visitors pay the nation’s highest hotel tax.
Year-over-year rents rose in Illinois while falling nationwide. Champaign-Urbana posted the country’s fourth-highest increase.
The majority of IFT’s spending is not on representing teachers, according to its own reports. Teachers can opt out of the union during August.
A sales tax increase for the Regional Transportation Authority, soon to replaced by the Northern Illinois Transit Authority, takes effect Aug. 1.
Educators can join thousands of their colleagues and opt out of union membership — and retain all benefits provided in their contract.