Cook County

Good News, Sales Tax Drop in Cook County!

07/01/2010
by Brian Costin In a bit of good news the arrival of July 1st, 2010 marked a drop in the Cook County sales tax rate. The Cook County portion of the sales tax (1.75%) dropped ½ a percentage point to 1.25%. This means for a $100 purchase of goods the average consumer will save 50 cents. Unfortunately, Chicago...

Chicago Misspent TIF Funds, Says Audit

06/30/2010
by Kate Piercy Because of “improper spending and oversight of TIFs,” Inspector General Joe Ferguson has concluded the City of Chicago lost Chicago taxpayers “$1.2 million in funds generated by the now-defunct Central Loop tax-increment-financing district — and spent $329,000 for ineligible art work,” according to a Sun-Times report. Ferguson audited of “more than four years worth...

Cook County Coalition for Tax Relief Founded, Hosting Tax Forum

06/30/2010
by Brian Costin Liberty Leader John Yackley has paid a large role in forming a new taxpayer watchdog organization called Cook County Coalition for Tax Relief. The Coalition is for Cook County business and residents alike, but emphasizes the effects of the Cook County property tax code and the unequal burden it places on businesses. The purpose...

$6.4 Million in Taxpayer-Funded Lobbying

05/24/2010
A report from the Illinois Campaign for Political Reform found that taxpayers paid lobbyists nearly $6.4 million to influence their own state government last year.