Chicagoans are the most-taxed residents of any major city in Illinois and pay the 10th-highest property taxes compared to taxpayers in other large U.S. cities.
As companies such as Uber fight to bring driving jobs to underserved neighborhoods, City Council wants to require expensive licensing in exchange for access to customers at airports.
Illinois has a domestic migration problem. The state is losing too many people. Illinois has lost more people to other states than it gained in every single year since 1985 . And in every year, the people who left earned more money than the people who entered. The Internal Revenue Service released new migration data...
by Ted Dabrowski* With a bill that blocks the authorization of any new virtual charter schools, state Rep. Linda Chapa LaVia, D-Aurora, aims to slow Illinois’ move into the 21st century. Her law, House Bill 494, calls for a one-year moratorium “on the establishment of charter schools with virtual-schooling components in school districts other than [Chicago...
Ever notice that going out to eat seems more expensive in Chicago than other cities? One of the reasons is that on top of the very high sales tax in Chicago, there are additional taxes on meals in restaurants: 0.25 percent Chicago restaurant tax and 1.0 percent Metropolitan Pier and Exposition Authority (MPEA) food and...
by Mark Cavers Last week a Chief Executive Magazine survey of 556 CEOs ranked Illinois as the third worst place to do business in the United States. Put another way, over 500 of the leaders who are making company’s decisions on where to invest, hire more employees, and expand or contract operations would opt to go almost anywhere in...
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.