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 13 percent of Chicago-area homeowners with mortgages owed at least 25 percent more than their homes were worth.
The Office of the City Clerk announced that the change in prices for annual vehicle stickers would follow Consumer Price Index changes.
The bill would apply Chicago’s restriction on the smoking age to the entire state.
The Chicago Teachers Union's hold over the lives of Chicagoans will grow through its merger with ChiACTS, the union representing Chicago-area charter school teachers.
Nearly 4 in 10 of those eligible for refunds made a claim for an average refund check of $36.62.
A recent analysis ranked 75 of the most populated cities in terms of fiscal health - and placed the Windy City next to dead-last.
Under the guise of rehabilitating underserved communities, Chicago City Council approved another tax transfer to a private company.
Alderman Ricardo Munoz's proposal highlights seven expensive properties in or around the Loop that aldermen contend were underassessed, shifting the property tax burden to other property owners.
City Council gave private ‘booting’ companies the blessing to charge Chicagoans more to remove the device from vehicles.