Gubernatorial hopeful Chris Kennedy is advocating for “a property tax system that can’t be abused by the wealthy and insiders.” But new documents suggest a Kennedy-led company enlisted the help of the city’s most politically connected property tax law firm to lower its bills.
Since Mayor Rahm Emanuel took office in 2011, aldermen have been on the defensive regarding their power. The latest attempt to retain some of that power is taking place along a stretch of 71st Street in the 5th Ward.
The corporate tax reforms under President Donald Trump’s proposed tax plan could strengthen Illinois’ position as a home for businesses, but the state’s uncompetitive income, property and death tax policies would put its residents at an even greater disadvantage with respect to other states if the president’s plan passes.
Credit rating agencies have warned Illinois’ credit could slide into junk territory if the legislative session ends in May without a budget deal to get the state’s finances back on track.
At a time when businesses are fleeing the state, a group of Chicago aldermen are attempting to revive the employer’s expense tax to bail out Chicago Public Schools.
A group of teachers in the Noble Network of Charter Schools are seeking union representation. Here’s what Noble teachers need to know before voting to unionize.
While Chicago-area taxpayers struggle under a heavy tax burden, lawmakers – who continue to ignore reforms the state desperately needs – are now on a two-week vacation.
Teachers seeking union representation in the Noble Network of Charter Schools may want to think again. Unions cause more harm than good for both students and teachers. The Chicago Teachers Union provides an up close and personal look at the disastrous impact unions would have on charter schools.
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.