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
Chicago has some of the highest taxes on travelers in the nation.
One alderman with strong ties to the traditional taxicab industry has suggested raising fees on ridesharing to fill the growing budget gap.
Lake Bluff homeowners home sharing with Airbnb were forced to cease and desist by the village zoning board.
Effective July 20, 2017, residents wishing to host visitors in their homes between one and thirty days must apply and pay $50 for a license. The city must inspect the property and deem it up to standards.
Vugo is the type of technology startup political leaders often herald as the future of Chicago. But taxi protectionism has forced it to leave town.
It’s no secret Chicago aldermen aren’t friendly to outsider businesses and innovative industries. Here’s a look at some of the most egregious examples from 2016.
The Chicago market has grown to the third largest in the country, accounting for almost all of the more than $73 million in supplemental income in 2016.
New Airbnb regulations pose a serious problem for Chicagoans.
A new ordinance would ban all cars with autonomous technology from Chicago, preventing Uber from expanding the fleet of self-driving vehicles it recently introduced in Pittsburgh.
Illinois’ workers’ compensation system has not evolved to meet the modern workplace, and is instead working more for special interests than employers and employees.