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
Mayor Rahm Emanuel’s budget proposal includes jacked-up costs for business licenses and stricter noncompliance penalties.
The increase comes after last year’s hike, which cost yearlong commuters an extra $141 annually for their monthly passes. Metra officials have not ruled out further fare hikes or service cuts.
Mayor Rahm Emanuel looks to increase costs for Chicagoans to fill budget shortfalls and failing pensions.
Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast-food restaurant to catching up on rising pension costs.
As Chicago faces a budget gap approaching $260 million, one alderman suggests more ticketing to close the shortfall.
Blaming Illinois state budget cuts, Metra considers raising fares in 2018, despite previous fare schedule.
Illinois Tollway fees were pitched to taxpayers as temporary, but have become a permanent cost for drivers.
Chicago alderman suggests admission charge to sponsored festivals as way to raise revenue.
Cook County Board President Toni Preckwinkle resorted to the same tired formula that has all but bankrupted Chicago.
Chicagoans know new revenues won’t be used to pay for better roads, classrooms or public safety – these tax hikes won’t even fix what’s ailing the city’s bottom line.