A 2024 study showed handing people money they hadn’t worked for hurt them, but Illinois lawmakers are putting $827,272 in tax dollars behind the idea again.
An ominously titled document by close confidants of new Chicago Mayor Brandon Johnson states the new administration’s top priority is to take more money from households making $100,000 or more to fund what they claim is a “just Chicago.”
The largest permanent income tax hike in Illinois history was followed by a slide to 34th least-free state in the union, behind nearly every neighboring state.
Amazon pulled its HQ2 out of New York City, so Chicago is considering imposing a “robot tax” on companies looking to automate their way around high labor costs.
The Brandt Group of Companies inked a deal through Illinois’ state tax credit program and will receive property tax abatements from multiple local governments.
A new bill would require buyers of political and issue ads on social media to disclose their identities and would impose record-keeping requirements on social media companies.