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...
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...