Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
A bill in the Illinois House seeks to transfer policing authority from the Cook County Forest Preserve District to the Cook County Sheriff’s Office, potentially saving taxpayers millions.
A study by realtor.com ranks the Chicago region’s housing market slowest of 100 U.S. metro areas for 2019. That stat could be fixed, or made worse.
Voters across seven Cook County townships strongly oppose a return of the sweetened beverage tax.
Millions in property tax refunds will go out to Cook County homeowners as early as Aug. 15.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
Chicago homeowners will see their property tax bills rise by an average of $110 this summer. But suburban residents and business owners should also prepare for a hike.
While the county hospital system loses out on revenue, county payroll and retirement costs continue to climb.
As outmigration fuels population decline throughout the state, Cook County saw the largest numeric population loss of any county in the nation.
University of Chicago researchers have found inaccurate and unfair assessments by the Cook County Assessor’s Office led to $800 million of the property tax burden shifting from owners of Chicago homes in the top 10 percent (by sale price) to owners of homes in the bottom 70 percent.
Countywide elected officials would be barred from working as registered lobbyists or owning a lobbying firm under a new bill in the General Assembly.