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.
Illinois can implement several reforms now to remove obstacles to starting businesses, reduce the cost and aggravation of doing business, and more effectively educate the next generation of workers.
Flawed property valuations and the process required to fix them are a cash cow for law firms, including those of House Speaker Mike Madigan, Chicago Alderman Ed Burke and Illinois Senate President John Cullerton.
Driven by a costly tax burden, Chicago’s high cost of goods and services lands the Windy City in the top 10 for the most expensive 71 cities across the world, according to a new survey by UBS.
Chicago’s ban on food carts is costing the city jobs and revenue. The city has fallen behind its peers: Street vending from food carts is already legal in 23 of the 25 largest cities in the U.S. The Illinois Policy Institute conducted a survey of nearly 200 Chicago food-cart street vendors to assess the social...
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...