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
Mayor Rahm Emanuel pushed an e-cigarette tax hike through City Council within a matter of hours.
A class-action lawsuit claims Chicago’s red-light camera program fails to provide ticketed motorists with information required by state law.
The proposed City Council ordinance would hike Chicago’s sales tax on liquid nicotine and mandate that stores keep vaping products below the counter.
A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.
The Chicago firefighters pension fund has filed claims with the Illinois comptroller for $3.3 million in shorted pension contributions, an action that could worsen city finances and service delivery.
A real estate investment deal arranged by a firm that employed former Mayor Richard M. Daley’s nephew has dealt a blow to Chicago’s cash-strapped pension funds, underscoring the need for a 401(k)-style alternative.
The officers are facing federal charges for their alleged role in a kickback scheme involving an attorney referral service seeking information on traffic crashes.
MillerCoors opened its Chicago headquarters in 2010. Eight years and nearly $6 million in subsidies later, the beer giant has been hammered by a heavy round of layoffs.
A group led by former Illinois Gov. Pat Quinn is one step closer to getting a binding referendum question on the November ballot that would place term limits on the mayor of Chicago.
Chicago will no longer be exempted from a state law barring Illinois municipalities from imposing ticket quotas on local police departments.