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
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.
Mayor Rahm Emanuel’s proposed increase in the city’s amusement tax is nothing but the continued nickel-and-diming of Chicagoans.
A proposal co-sponsored by 32 aldermen would mandate the fiscal consequences of ordinances be made transparent.
Committee meetings are a critical step in the legislative process, yet aldermen skip them almost half the time.
Substantive ordinances make up less than 2 percent of all legislation considered by the current City Council over the past two years.
In his annual budget address, Mayor Rahm Emanuel provided an optimistic outlook on city finances, but no major reforms to give taxpayers reason to smile.
City Council violates procedural rules and plays political games to put popular, but toothless, measures on the ballot and protect the mayor and bureaucrats from any real challenges to their power.