Budget + Tax
Cook County property tax bills finally getting mailed, due Dec. 15
Cook County leaders announced the second installment of property tax bills will be mailed by Nov. 14 with a Dec. 15 due date. Nearly four months later than usual thanks to a vendor’s software mess, Cook County property tax bills will be…
Chicago budgets $210M for vacant jobs
Chicago has thousands of job vacancies that receive city funding, leaving taxpayers to pay…
Illinois drops 6 spots in 6 years for tax…
Illinois’ state tax competitiveness ranking dropped six spots – from 32nd to 38th in the past…
Illinois, Chicago voters rank high taxes as No. 1 issue
More than half of Illinois voters and one-third of Chicago voters said high taxes were their…
Illinois facing lawsuits over property tax theft
Lawsuits are mounting from homeowners, investors and counties. Unless lawmakers act,…
An Illinois wealth tax would be a legal disaster.
Illinois’ latest tax scheme, a 4.95% “wealth tax” on unrealized gains for billionaires, risks violating the state constitution, likely resulting in a long and costly legal battle. As part of a plan to generate $1.5 billion for the…
Illinois House Democrats push first-in-the-world wealth…
State lawmakers are rushing a first-in-the-world wealth tax on billionaires. They also want…
Mayor Johnson’s record-setting $1 billion TIF surplus…
Chicago Tax Increment Finance “surpluses” have increased more than ninefold in the past…
What you need to know about Illinois’ candy tax
Illinois’ candy tax doesn’t apply to any treats made with flour. Kit Kat, Twix and Snickers…
Budget cap could have saved Chicago $600M
Chicago’s budget has grown much faster than inflation, leaving taxpayers to endure higher…
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