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
A new bill introduced in the General Assembly would prohibit local lawmakers from passing tax hikes without voters' permission.
Under the guise of rehabilitating underserved communities, Chicago City Council approved another tax transfer to a private company.
After a punishing 2017, Illinoisans are in dire need of reform from Springfield.
Statewide use of slush funds ensures it’s Christmas every day for political leaders and their chosen developers.
Under the guise of rehabilitating underserved communities, City Hall preps another massive tax transfer to a private company.
In his annual budget address, Chicago Mayor Rahm Emanuel painted a rosy picture about city finances while selling more tax and fee increases.
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.
Wheeling village trustees have voted for a plan to use tax increment financing to build a bridge to a vacant piece of land.
The Illinois Senate passed a school funding reform bill containing the state’s first-ever tax credit scholarship program. The bill now awaits the governor’s signature.
After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.