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
Chicago Public Schools is faced with the possibility of closing school early while Chicago sits on massive property wealth.
The president of the Chicago Teachers Union defied the school board to require teachers to pay more of their own retirement costs.