Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
A federal corruption charge against Chicago Ald. Ed Burke has led peers to hand control of the $100 million-a-year workers’ compensation program to the city finance department. Burke, who had overseen the program for decades, fought program oversight and staffed it with political allies.
Mayor Rahm Emanuel ordered an audit of the city’s $100 million-a-year workers’ compensation program following Ald. Ed Burke’s resignation as finance committee chair. Burke has long fought program oversight.
Seal-Rite’s doors are hardly the first to close in Illinois and reopen in the Badger State.
Alliance Steel Corp. will move 100 jobs to Gary, Indiana, with plans to add 30 more.
Chicago’s longest-serving alderman runs the city’s workers’ comp program without any outside scrutiny. But a new lawsuit aims to change that.
While a few payouts were the result of severe injuries, local taxpayers were also on the hook for settlements with workers who returned to work the very next day.
Atlantic Coca-Cola Bottling Co. plans to move its Rock Island facility to Walcott, Iowa, where the company is expected to receive substantial tax incentives.
With countywide population dipping, remaining taxpayers in Macon County are being left with an ever-increasing property tax bill.
A joint service agreement between two fire departments could save Lake Bluff more than $500,000 over five years, once fully implemented. The plan would be a welcome change of pace for residents, as Lake County homeowners pay some of the highest property taxes in the nation.
Illinoisans shoulder some of the highest property taxes in the country. This burden is key to understanding the state's outmigration problem. Despite the failure of lawmakers to reverse this crisis, there remain a number of sound reforms waiting for consideration.