The Rev. Phalese Binion worked to help people find affordable housing, but she didn’t truly understand the property tax problem until she bought her own home. Now the former union member sees a new property tax threat from Amendment 1.
Gov. J.B. Pritzker took the debate stage claiming property taxes in Illinois have gone down thanks to his administration. In truth, the average Illinois family is paying over $2,000 more in property taxes than before he took office.
Statewide commercial property tax extensions are on pace to total $11.3 billion by 2026. Amendment 1’s expansion of government union power would likely accelerate that $1.8 billion increase.
Illinois will contribute $450 million to the Unemployment Insurance Trust Fund. With $1.4 billion in debt remaining, Illinois businesses are on the hook if lawmakers don’t meet the Nov. 10 deadline.
Despite proponents’ claims, the rights outlined in Amendment 1 cannot apply to non-government employees. U.S. Supreme Court precedent already makes that clear. So did the proposal’s Illinois Senate sponsor.
Chicago Mayor Lori Lightfoot earmarked $442 million to help pay down Chicago’s $46.9 billion pension debt. The Civic Federation said stop-gap measures will only delay future property tax hikes unless there’s statewide pension reform.
Tyson Foods is relocating 500 employees from Chicago and Downers Grove offices to the corporate headquarters in Arkansas. The meat processor is the sixth company to leave Illinois this year.
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...