Chicago aldermen for the first time pushed through their own budget, rejecting the mayor’s effort to impose a job-killing head tax. There are other taxes.
Chicago Mayor Brandon Johnson’s 2026 budget proposal includes a per-user tax on social media companies and a per-employee fee on businesses. The proposal does not include a property tax hike and supports the elimination of the grocery tax.
Chicago’s 2025 budget needed $345 million in fines, forfeitures and penalties. It was $99 million 30 years ago. What will the new budget extract from residents?
Chicago lost nearly 1-in-5 businesses between 2015 and 2024, translating to nearly 11,200 fewer businesses operating in the city. Of the city’s 98 neighborhoods, 80 lost 10% or more of their businesses. Mag Mile lost 41% of its stores.
Peoria Heights’ mayor vetoed a grocery tax, saying the village would not balance its budget on the backs of families at the grocery checkout. Now Chicago is considering taking $73.5 million through the tax.
Gov. J.B. Pritzker had a chance to stop a bill putting taxpayers on the hook for $11.1 billion in inflated pension benefits for Chicago police and firefighters. He blew it. Taxpayers will be paying the price for decades.
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...