Lightfoot asks Springfield for progressive ‘exit tax’ on Chicago property sales
Lightfoot asks Springfield for progressive ‘exit tax’ on Chicago property sales
Chicago Mayor Lori Lightfoot wants state lawmakers to let her impose progressively higher real estate transfer tax rates to close a $838 million budget deficit. She faces a limited time window and resistance from state lawmakers.
By Brad Weisenstein
Illinois Senate president backs bill merging police, fire pension funds
Illinois Senate president backs bill merging police, fire pension funds
Illinois Senate President John Cullerton is championing a bill to merge more than 640 local police and fire pension funds into two investment pools. With lawmakers returning to Springfield for veto session, action on the bill may be near.
By Brad Weisenstein
Grayslake school employees who don’t want to strike: You have options
Grayslake school employees who don’t want to strike: You have options
Not all teachers and support staff at Grayslake Community Consolidated School District 46 want to be on strike. Those who are not members of the union have more options – and more freedom – in deciding whether to walk the picket line.
By Mailee Smith
Illinois state senator on ethics committee allegedly filed false income tax return
Illinois state senator on ethics committee allegedly filed false income tax return
Sources have identified state Sen. Terry Link as the FBI’s witness in their investigation into former state Rep. Luis Arroyo. Tax troubles may have led to Link’s cooperation.
With Illinois on deck, state tax hikes just lost big at the ballot box
With Illinois on deck, state tax hikes just lost big at the ballot box
If other states’ recent tax votes are any indication, Pritzker’s proposal could be a tougher sell than he thinks.
By Austin Berg
Pritzker’s flawed ‘fair tax’ plan already failed Californians
Pritzker’s flawed ‘fair tax’ plan already failed Californians
Illinoisans should learn from the Golden State’s “fair tax” failure, lessons that state leaders ignore.
By Orphe Divounguy
Red-light camera ban in Illinois pushed by more state lawmakers
Red-light camera ban in Illinois pushed by more state lawmakers
As the bipartisan backlash against red-light traffic cameras continues to build, a third Illinois state lawmaker has introduced a proposal to ban the controversial devices statewide.
By Vincent Caruso
Governor’s office uses Illinois economic report to push ‘fair tax’ falsehoods
Governor’s office uses Illinois economic report to push ‘fair tax’ falsehoods
An annual financial report from Gov. J.B. Pritzker’s office forecasts a gloomy fiscal future for Illinois and pushes his false choice between dire spending cuts or a flawed progressive tax plan.
By Vincent Caruso
Chicago teachers no longer can save 40 sick days for retirement: now it’s 244
Chicago teachers no longer can save 40 sick days for retirement: now it’s 244
Pension benefits consume 25% of Chicago Public Schools’ budget. The new Chicago Teachers Union contract increases bankable sick days six-fold, increasing pension costs and taking more from classrooms.
By Vincent Caruso
5 broken tax promises show why Illinois voters distrust Pritzker’s ‘fair tax’
5 broken tax promises show why Illinois voters distrust Pritzker’s ‘fair tax’
From the lottery, to the tollway, to two “temporary” income tax hikes, Illinois politicians have a history of broken promises about how they tax and spend residents’ money.
By Adam Schuster
Illinois state representative resigns following bribery charge
Illinois state representative resigns following bribery charge
State Rep. Luis Arroyo was a key supporter of Gov. J.B. Pritzker’s $45 billion infrastructure package, which was funded in part by a gambling expansion and doubling the state’s gas tax.
By Austin Berg