Aldermen are worried sports betting taxes will yield chump change while damaging the prospects for new casinos in Chicago. They are calling for a delay in the action.
Chicago’s top doctor hinted the city could introduce a new proof of COVID-19 vaccination requirement for residents to visit bars, gyms, restaurants and other venues as have other major cities.
While phasing in the tax impact of sharp increases in assessed value could help Cook County’s commercial property owners adjust, holding down property taxes requires reducing spending through public pension reform in Illinois.
Chicago will spend $32 million on the nation’s largest test of universal basic income. What happens after that year is one question, as is whether handing out cash will truly fix anything.
Chicago is getting closer to getting a casino, but more ways and places to gamble do not necessarily mean more state revenue. Illinois would be better off betting on pension reform.
Chicago’s police union is planning to challenge Mayor Lori Lightfoot’s COVID-19 vaccination mandate and encouraging officers to ignore demands to report their vaccination status by Oct. 15. Only about 25% of police are vaccinated.
Chicago might spend $32 million on the nation’s largest test of universal basic income. What happens after that year is one question, as is whether handing out cash will truly fix anything.
Chicago homeowners are likely to see average property tax bills rise between $72 and $180 based on the city’s new budget. Higher taxes are driven by $47 billion in pension debt, but pension reform can change that.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.