Evidence from Connecticut suggests the progressive income tax could cost Illinois homeowners substantial equity in their homes.View Report
The proposal comes a year after mayor pledged to provide relief to residents from regressive fees. She said the move is about safety, but Chicago is seeking cash.
A typical Chicago homeowner faces up to $255 in potential property tax increases to cover city and school deficits. City income taxes could be next, if the ‘fair tax’ were to pass.
Chicago’s longest-serving alderman used his power as chair of the City Council Finance Committee to pad staffs, give himself a security detail.
Chicago leaders have been unable to finish developing valuable land after 23 years and $331 million in taxes, but convinced state leaders more time and money were needed.
Gov. J.B. Pritzker and Illinois lawmakers agree that when taxes are too high, not even a casino in the heart of Chicago can make money.
While members can opt out of CTU at any time, the union says they may only stop paying the union if they do so during a one-month period. A lawsuit filed against the union argues this violates teachers’ First Amendment rights.
City leaders must prioritize critical spending – and avoid hiking taxes on a struggling economy.
Illinois’ taxes and fees on gasoline keep the pump price high, even when oil producers are paying for someone to take excess crude. The state gas tax is set to rise again in July.
Our team wanted to give you a look at the harsh reality of life in downtown Chicago during the COVID-19 crisis.
One Chicago alderman is calling for the city’s 53 elected officials to forfeit their six-figure salaries for 15 days.