High-priced government workers cost taxpayers in Illinois $10 billion a year, with municipal managers in areas surrounding Chicago reaping the most benefits.
Municipal leaders have expressed concerns about the anti-competitive, job-killing effects of Cook County’s minimum wage increases and new sick leave law and are using home rule authority to exempt their communities from the requirements.
Though most of the top 100 property tax bills came from New York, the state with the second most entries was Illinois. The 13th highest bill in the country belonged to Exelon’s nuclear generating station in Byron, Illinois, totaling $36.5 million in 2016.
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.