Pritzker budget lifts cap on pension spiking
Pritzker budget lifts cap on pension spiking
A provision included in Illinois’ previous budget aimed to protect state taxpayers from end-of-career salary spiking in local school districts. The budget proposal en route to Gov. J.B. Pritzker’s desk would repeal that protection.
By Vincent Caruso
Cubs, Bulls and Bears games eligible for in-person sports betting under new law
Cubs, Bulls and Bears games eligible for in-person sports betting under new law
New change in law paves the way for sports betting at Wrigley Field, Soldier Field, and the United Center, among other venues.
Chicago Ald. Ed Burke indicted on 14-count corruption charge, pleads not guilty
Chicago Ald. Ed Burke indicted on 14-count corruption charge, pleads not guilty
Chicago’s longest-serving alderman pleaded not guilty to a host of new federal corruption charges.
Illinois state lawmakers pass $1,600 pay raise for themselves
Illinois state lawmakers pass $1,600 pay raise for themselves
The Illinois General Assembly sent $85 billion in proposed spending to Gov J.B. Pritzker’s desk in a matter of days. That package included tax hikes on ordinary Illinoisans and pay raises for all state lawmakers.
By Vincent Caruso
Illinoisans will see state gas tax double starting July 1
Illinoisans will see state gas tax double starting July 1
Illinoisans will pay more for gas, vehicle registration, cigarettes and parking after a bipartisan vote for $45 billion in new capital spending.
By Austin Berg
Pritzker progressive tax amendment allows for nation’s highest tax on business income
Pritzker progressive tax amendment allows for nation’s highest tax on business income
Illinois Gov. J.B. Pritzker’s amendment would allow Illinois to impose an effective corporate income tax rate of up to 15.28% – the nation’s highest by far.
By Austin Berg
Illinois state lawmakers introduce, pass $85 billion in spending in 12 hours
Illinois state lawmakers introduce, pass $85 billion in spending in 12 hours
A new governor and Democratic supermajorities have retained the same chaotic budgeting process that has brought the state’s credit rating to near-junk status.
By Austin Berg
Illinois lawmakers pass marijuana legalization
Illinois lawmakers pass marijuana legalization
A bill that would legalize recreational marijuana in Illinois is en route to the highest office in the state.
By Vincent Caruso
Chicagoans could pay nearly $1 per gallon in taxes alone under Pritzker capital plan
Chicagoans could pay nearly $1 per gallon in taxes alone under Pritzker capital plan
Drivers filling up in Chicago could see an effective per-gallon gas tax burden of 39% under Gov. J.B. Pritzker’s proposed capital spending plan.
Illinois lawmakers set to throw more money at failing Chicago convention center
Illinois lawmakers set to throw more money at failing Chicago convention center
Chicago’s McCormick Place convention center has been a political money pit for nearly 60 years. And now state lawmakers are considering whether to keep subsidizing failure with more tax dollars.
By Austin Berg