Illinois’ housing price growth remains well below the national average because of lagging demand, caused in large part by tax policies that make people hesitant to spend.
Voters statewide will decide whether nearly 2,300 southern Naperville and Aurora taxpayers should send $30 million in additional income taxes to Springfield.
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.