Harvey is seeking state aid under Illinois’ Financially Distressed City Law, but without pension reform, state oversight offers little hope to fix its $164M crisis.
Illinois' high property taxes hurt the economy, particularly in communities already struggling. When government overtaxes, residents and businesses flee – leaving those remaining with a bigger tax bill.
Illinois lawmakers are looking at a bill that would cut sales taxes during back-to-school shopping. Illinois hasn’t had a sales tax holiday in years. The bill would lower the state sales tax from 6.25% to 1.25% on clothes and school supplies for six days in August 2025.
Hair braiders across Illinois may face fewer restrictions on their trade. The Illinois House unanimously passed a bill changing the state’s hair braiding laws.
There’s another push in Springfield to tax motorists by the mile. Illinoisans already pay the second-highest gas taxes in the nation behind only California.
Bills filed in the Illinois General Assembly would lay the groundwork to close charter schools or place more restrictions on them. Illinois has a history of restricting charter schools at the behest of teachers unions.
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...
The Acero Schools charter network is closing seven of its 15 charter schools in the Chicago Public Schools district. Blame the Chicago Teachers Union’s history of opposition to charter schools for spurring the school closures.
The Chicago Teachers Union’s current contract limits the growth of charter schools in Chicago. The union’s new contract demands seek to further deny access and limit parents’ options for their children’s educations.
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.