If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
Chicago has some of the highest taxes on travelers in the nation.
Despite diminishing returns, the Prairie State has yet to kick its excise tax habit.
Mayor Rahm Emanuel’s proposed increase in the city’s amusement tax is nothing but the continued nickel-and-diming of Chicagoans.
In his annual budget address, Chicago Mayor Rahm Emanuel painted a rosy picture about city finances while selling more tax and fee increases.
A new proposal from state Sen. Toi Hutchinson, D-Chicago Heights, would tax internet streaming services in Illinois, much like the potentially illegal internet streaming tax implemented in Chicago.
Chicago City Council expanded its 9 percent amusement tax to include businesses subscribing to satellite television – another way to nickel and dime the most taxed residents in the state.
“Pay to play” might take on a whole new meaning in Chicago.
Chicago Mayor Rahm Emanuel released today his 2014 plan to close the city’s looming $338.7 million budget gap. His proposal is heavy on tax hikes and short on solutions. The mayor vowed not to close the budget gap with higher property taxes this year. Instead, the plan is to nickel and dime Chicagoans with tax...