Chicago homeowners on the South and West Sides are bracing for huge property tax hikes, driven by surging assessments and government spending tied to pensions.
When a Cook County business successfully appeals their property taxes, the county just shifts that burden to homeowners. This meant an extra $2 billion in residential property taxes instead of a lower property tax levy.
The nation’s longest-serving legislative speaker, a woman who called herself “super mayor” and a collection of other self-serving public servants are among the highest-profile corruption cases in decades. Here’s the naughty list for 2024.
Years of exorbitant political spending in Illinois – more than $24.3 million since 2010 – has secured an enormous amount of political influence for the Chicago Teachers Union. It is now the main political player not just in Chicago, but across the state.
Chicago doesn’t have enough housing, in part because restrictive regulations and zoning drive up costs and headaches for developers. Mayor Brandon Johnson has recommended solid fixes, but the city must restrict aldermanic power.
After serving more than half a century as a “fixture” on the Chicago City Council, former Ald. Edward Burke now faces 14 counts of federal corruption charges for allegedly abusing his finance chair position and aldermanic powers for personal gain.
Chicago is the most corrupt metropolitan area in America for the fourth consecutive year and Illinois is the second-most corrupt state, according to a new report from the University of Illinois-Chicago. Corruption can cost Illinois taxpayers up to $550 million per year.
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.