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 Alderman Marty Quinn is attempting to squeeze out home-sharing in the 13th Ward.
The ordinance was pushed through committee by taxi industry ally Alderman Anthony Beale, 9th Ward.
Lake Bluff homeowners home sharing with Airbnb were forced to cease and desist by the village zoning board.
Effective July 20, 2017, residents wishing to host visitors in their homes between one and thirty days must apply and pay $50 for a license. The city must inspect the property and deem it up to standards.
The Chicago market has grown to the third largest in the country, accounting for almost all of the more than $73 million in supplemental income in 2016.
Illinois’ workers’ compensation system has not evolved to meet the modern workplace, and is instead working more for special interests than employers and employees.
Despite calls for more time, the mayor flexed his muscle to increase taxes on short-term Airbnb rentals to over 21 percent.