Three economists made headlines in May by suggesting Illinois levy a new, statewide property tax. DuPage County voters Nov. 6 can declare their stance on whether that tax should be an option.
Joliet City Council members awarded their outgoing city manager a generous severance package after less than a year on the job. The ex-official will also be allowed to seek unemployment, even though some council members said he wanted to leave.
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.
Lax oversight of Illinois’ little-known regional development authorities has led to questionable business arrangements with one official in particular.
Illinois issued more than $60 million in EDGE tax credits to Takeda Pharmaceuticals from 2003 to 2013, more than any other company received over that time.
The officers are facing federal charges for their alleged role in a kickback scheme involving an attorney referral service seeking information on traffic crashes.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.