Despite its residents dealing with a high county and state tax burden, the village of Rosemont has spent millions on frivolous entertainment costs in recent years. Taxpayers shelled out $65,000 for pizza joint.

A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.

Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.

While the name of the home stadium for the Chicago White Sox has changed over the years, its status as a tax burden has not.

Many school district employees’ earnings are more than double that of the typical Belleville household.

Tax increment financing creates elusive troves of property tax “gold” – by depleting funds from local governments the mechanism intends to serve.

Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...

Under the guise of rehabilitating underserved communities, Chicago City Council approved another tax transfer to a private company.

After a punishing 2017, Illinoisans are in dire need of reform from Springfield.