by Collin Hitt Illinois lawmakers are considering raising the state income tax. Different plans have emerged, but each would damage Illinoiss economic recovery. The plan that has been discussed the longest is one that would raise Illinoiss individual income tax from three to four percent, a 33 percent increase. More recent tax plans have emerged that...
by Kate Piercy Restore homes damaged by floods or throw a picnic party? Cook County Board President Todd Stroger’s administration decided to use federal grant money meant for restoring homes damaged by floods to instead treat families whose homes were damaged by the floods to a nearly $79,000 party at Brookfield Zoo. The Chicago Tribune reported: The Sept....
by Wesley Fox According to the Chicago Tribune, the Illinois Department of Corrections is $95 million behind on its bills. Many prison vendors have not been paid in months. Some have stopped extending credit to correction centers, and two havestopped doing business with the Department of Corrections altogether. If Illinois does not start paying its bills on time, more...
by Amanda Griffin-Johnson Since 2000, Chicago’s city budget has increased 11% (adjusted for inflation). Spending reforms are needed to ensure the long-term health of city finances, but it appears that Mayor Daley would rather continue depleting the city’s reserves. Failing to make tough spending cuts today will only make the situation worse down the road. The Chicago Tribune reports: The...
by Ashley Muchow Check out this cartoon from Scott Stantis of the Chicago Tribune illustrating Quinn’s far-fetched claims to revive Illinois. Shouldn’t rescue consist of less digging?
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...