Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
New Illinois House bill would prevent local governments from banning Airbnb and other vacation rental services.
City bureaucracy – not consumer complaints – has left thousands of Chicago hosts barred from the Airbnb platform.
As Airbnb begins to remit Naperville’s hotel/motel use tax, some downstate municipalities are considering similar measures.
The mayor’s proposed 2 percent fee would punish short-term rental customers and providers.
Illinois' fifth-largest city is moving to raise taxes on telecommunications and hotels, and fold homesharing into the latter.
Chicago has some of the highest taxes on travelers in the nation.
Chicago Alderman Marty Quinn is attempting to squeeze out home-sharing in the 13th Ward.
Lake Bluff homeowners home sharing with Airbnb were forced to cease and desist by the village zoning board.
It’s no secret Chicago aldermen aren’t friendly to outsider businesses and innovative industries. Here’s a look at some of the most egregious examples from 2016.
The Chicago market has grown to the third largest in the country, accounting for almost all of the more than $73 million in supplemental income in 2016.