Buying local just got a lot less appealing for Chicagoans. The city reclaimed the highest sales-tax rate of any major city in the nation on July 15, when the Cook County Board, which oversees Illinois’ largest city, voted to raise its portion of the sales tax, bringing Chicago’s combined rate to 10.25 percent from 9.25...
Can Cook County make its residents pay taxes on things they buy elsewhere? This week an Illinois appellate court said no, upholding a lower-court decision striking down the county’s “Non-Titled Personal Property Use Tax,” which charged an extra tax on Cook County residents who bought goods worth more than $3,500 outside of the county. In...
The driving goal of the Illinois Policy Institute is to transform liberty principles into marketable policies that become law. The ultimate sign of success is when free market ideas are enacted into laws that change Illinoisans’ lives for the better. Illinois Policy Action’s 2014 legislative agenda emphasized the importance of a financially responsible and limited...
In completing our second month of the new “Illinois Corruption Watch” project, we are shocked at the volume of corruption stories being reported across the state. In just two months we have found reports of 101 different corruption-related stories; 45 in April and 56 in May. It’s no wonder Illinois citizens have by far the...
Illinois politicians want to make things worse for the many Chicagoans struggling to find jobs and make ends meet. They’re calling for state, county and local tax hikes on the city that already has one of the worst metro area unemployment rates in the nation, according to the U.S. Bureau of Labor Statistics. Gov. Pat...
Cook County Board President Toni Preckwinkle struck a pension deal for county employees earlier this month. The plan recently materialized into legislation that quickly moved through the Illinois Senate, but has not passed in the Illinois House. Preckwinkle’s plan fails to fundamentally reform pensions and may result in massive tax and fee increases, a reduction...
Fifty percent of all Illinoisans would leave the state if they could. Twenty-five percent think it’s the worst state to live in. Another 72 percent don’t trust their government. These numbers came from three recent Gallup polls. In all three surveys, no state polled worse than Illinois. You’d think with results like that, the last...
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.