The Illinois House Revenue & Finance Committee approved a proposed constitutional amendment that would scrap taxpayers’ sole protection against endless income tax hikes.
Pritzker’s first budget address exalted the graduated income tax as a solution to the state’s fiscal problems. Despite evidence to the contrary, the governor is urging state lawmakers to speedily advance the measure.
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.
What’s important for Illinoisans to know now is not just whether politically powerful people such as Burke and Madigan broke the law, but how the law itself encourages indecent behavior.
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.
Chicago had nearly 15,000 municipal employees paid at least six figures in 2017, up more than 1,000 from the previous year. That’s more than 40 percent of the city’s workforce.
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.