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.
With special tax breaks for Amazon, Illinois resorts to sweetheart deals to overcome the effects of the state’s anti-growth policies, leaving smaller businesses to shoulder the full tax and regulatory burden.
When it comes to government corruption, history often repeats itself in Illinois, both in terms of types of corruption and the failure of government to implement policies that could prevent it. Recently, federal authorities charged the village of Burnham’s long-time village clerk, Nancy Dobrowski, with stealing over $650,000 in funds from local taxpayers. Allegedly, Dobrowski...
Expect Mayor Rahm Emanuel’s call for property tax hikes to be a boon for Chicago’s collar counties and Lake County, Ind. Cook County residents have been fleeing to neighboring counties for decades, and Emanuel’s proposed hikes – to prop up city pensions – will only increase the outflow. According to IRS data, Cook County lost...
During Sunshine Week 2014, the Illinois Policy Institute recognized 38 agencies for earning our Sunshine Award for excellence in online transparency. So far this year, the number of Sunshine Award winners is up to 61 – a 60 percent increase. Over the past year, we have partnered with dozens of local taxing bodies across the...
There’s one simple reason why Detroit finally filed for bankruptcy in 2013. When it came time to pay its bills, the Motor City had run out of taxpayers. Taxpayers fled Detroit for decades as the city’s tax bill kept growing and its vital government services, such as public safety, were slashed. Detroit has lost more...
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.