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
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.
Nearly 4 in 10 of those eligible for refunds made a claim for an average refund check of $36.62.
A recent analysis ranked 75 of the most populated cities in terms of fiscal health - and placed the Windy City next to dead-last.
Chicago has some of the highest taxes on travelers in the nation.
Forrest Claypool will step down as the head of Chicago Public Schools after the CPS inspector general recommended his firing.
A year after announcing the Mars Wrigley Confectionery project, the candy giant will scrap its plans to expand its Chicago presence and instead encamp in Newark, New Jersey.
A new study shows the Windy City’s financial troubles persist, despite a series of tax increases.
The Chicago Transit Authority’s latest budget proposal includes 25-cent fare hikes.
Chicago City Council continues its tradition of putting popular but toothless measures on the ballot to protect incumbent power and block real reform.
Increases in several taxes mean a higher tax bill for taxpayers.