Lake County gets back just 73 cents for every dollar it pays into the LGDF.

DuPage County gets back just 79 cents for every dollar it pays into LGDF.

Illinois’ Economic Development for a Growing Economy, or EDGE, tax credit program has been making the news from time to time during recent months, mostly in the context of discussions on how to reform Illinois taxes and grow Illinois’ economy simultaneously. The program is on the chopping block. Notably, talk of changes to the EDGE...

To tax-hungry politicians, the Internet is like California in 1849 — a vast expanse of untapped wealth.

Mike Billy Illinois News Network Illinois taxpayers can use the state’s income tax form to donate to child abuse prevention, childhood cancer research and military family relief. But if you want to make sure your money actually gets to the charities, you might want to give them a check directly instead of using the state...

Since 2002, cigarette taxes increased 105 times across the country. Cook County Board President Toni Preckwinkle wants to make it 106. To help fill Cook County’s $267.5 million budget shortfall, Preckwinkle has proposed increasing the per-pack tax on cigarettes by $1. The tax hike is only expected to bring in about $25 million in new revenue. Preckwinkle’s new money...