Budget + Tax
Illinois facing lawsuits over property tax theft
Lawsuits are mounting from homeowners, investors and counties. Unless lawmakers act, taxpayers could pay millions in damages over Illinois' unconstitutional tax sale system. County governments, homeowners and investors in Illinois…
An Illinois wealth tax would be a legal disaster.
Illinois’ latest tax scheme, a 4.95% “wealth tax” on unrealized gains for billionaires, risks…
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 costs without receiving better services. Implementing a spending cap linked to inflation could have kept costs under control, helping prevent future…
Using Microsoft, Salesforce, ChatGPT will cost more…
Microsoft, Salesforce, ChatGPT, Amazon Web Services and Zoom would all come with higher…
Johnson’s “Protecting Chicago” budget proposes nearly…
Chicago Mayor Brandon Johnson describes the 2026 budget as “Protecting Chicago,” but his plan…
Pritzker absolutely opposed to Johnson’s Chicago…
Gov. J.B. Pritzker told the Chicago Economic Club Oct. 21 that he absolutely opposes Mayor…
Illinois SNAP errors could cost taxpayers up to $700…
Illinois risks millions in penalties under new federal law because of errors in determining…
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