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
Mayor Rahm Emanuel pushed an e-cigarette tax hike through City Council within a matter of hours.
A class-action lawsuit claims Chicago’s red-light camera program fails to provide ticketed motorists with information required by state law.
The proposed City Council ordinance would hike Chicago’s sales tax on liquid nicotine and mandate that stores keep vaping products below the counter.
A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.
A group led by former Illinois Gov. Pat Quinn is one step closer to getting a binding referendum question on the November ballot that would place term limits on the mayor of Chicago.
Previous pension obligation bonds in Illinois have increased costs to taxpayers and done nothing to solve the fiscal challenges created by the pension system.
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.
The mayor’s proposed 2 percent fee would punish short-term rental customers and providers.
Amazon’s team will visit 10 proposed sites in Chicago for its second North American headquarters.
In a comparative analysis of taxes and fees in the nation's top 15 cities, Chicago won first place more times than any other city.