While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
The South Side alderman had been charged with stealing charity donations to finance his daughter’s college tuition payments and casino getaways in Indiana, among other offences.
City bureaucracy – not consumer complaints – has left thousands of Chicago hosts barred from the Airbnb platform.
Previous pension obligation bonds in Illinois have increased costs to taxpayers and done nothing to solve the fiscal challenges created by the pension system.
Chicago’s longest-serving alderman runs the city’s workers’ comp program without any outside scrutiny. But a new lawsuit aims to change that.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
In the midst of Chicago’s $36 billion pension crisis, former city officials are seeing big payouts.
In a comparative analysis of taxes and fees in the nation's top 15 cities, Chicago won first place more times than any other city.
A new study shows the Windy City’s financial troubles persist, despite a series of tax increases.
Chicago City Council continues its tradition of putting popular but toothless measures on the ballot to protect incumbent power and block real reform.
Mayor Rahm Emanuel’s budget proposal includes jacked-up costs for business licenses and stricter noncompliance penalties.