Aldermen are worried sports betting taxes will yield chump change while damaging the prospects for new casinos in Chicago. They are calling for a delay in the action.
Thirty years ago Aug. 8, the Chicago Cubs played their first game under lights at Wrigley Field – after first battling Chicago politicians for the right to do so.
Dwyane Wade’s Matteson home has been on the market since May. At its current 5 percent effective property tax rate, the buyer would pay for it again in property taxes within 20 years.
Chicago Mayor Rahm Emanuel has emphatically denied the Cubs’ request for more night games at Wrigley Field – continuing the decades-old hostile relationship between the team and city government.
Illinois House Speaker Mike Madigan reportedly uses his large quantity of Cubs and White Sox tickets as gifts for his political volunteers, but his history with professional sports teams in Chicago isn’t so generous.
Springfield lawmakers passed a ceremonial resolution March 8 congratulating the Chicago Cubs on winning the 2016 World Series. But that pat on the back doesn’t make up for the adversarial relationship politicians have held with the Cubs and other professional sports franchises in Chicago.
Illinois House Speaker Mike Madigan’s grip on the state’s legislative process once delayed the Cubs’ quest for lights at Wrigley Field – and 30 years later, the Cubs are still feuding with politicians.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.