Illinois’ rich millennials are moving to other states
Illinois’ rich millennials are moving to other states
Youthful wealth, energy and talent that could help Illinois recover is leaving the state at the nation’s second-highest rate. State leaders’ thirst for new taxes will make the problem worse.
Former Ald. Willie Cochran sentenced to 1 year in prison
Former Ald. Willie Cochran sentenced to 1 year in prison
A federal court sentenced former Chicago Ald. Willie Cochran to one year in prison after pleading guilty to wire fraud.
Chicago rolls out e-scooter pilot program
Chicago rolls out e-scooter pilot program
Thousands of electric scooters have arrived in Chicago as part of a four-month pilot program.
Lightfoot moves to reform infamous Chicago workers’ comp program
Lightfoot moves to reform infamous Chicago workers’ comp program
Chicago Mayor Lori Lightfoot called out Ald. Ed Burke after corruption indictments. Now she is reforming the city’s mismanaged workers’ compensation program that a lawsuit said Burke used to build a political army.
Poll: Nearly half of Illinois voters view progressive tax as ‘blank check’ for state lawmakers
Poll: Nearly half of Illinois voters view progressive tax as ‘blank check’ for state lawmakers
Recent polling shows many Illinoisans would not trust state lawmakers with expanded taxing authority under a progressive income tax system.
Illinoisans will pay higher online sales tax starting in 2020
Illinoisans will pay higher online sales tax starting in 2020
Illinoisans will pay more in state and local sales taxes when shopping online beginning next year.
Pension costs push Metro East property taxes up, as population shrinks
Pension costs push Metro East property taxes up, as population shrinks
Residents in Illinois’ Metro East area are fleeing a growing property tax burden, fueling regional population loss.
Lightfoot must pursue pension reform, reasonable labor contracts to fix Chicago’s budget
Lightfoot must pursue pension reform, reasonable labor contracts to fix Chicago’s budget
Persistent budget deficits, enormous and growing pension obligations, a high debt burden and labor contract negotiations all await Lori Lightfoot as she settles into office.
By Bill Reveille
20 tax and fee hikes totaling $4.6 billion coming soon for Illinoisans
20 tax and fee hikes totaling $4.6 billion coming soon for Illinoisans
The Illinois General Assembly and governor devised 20 different ways to take more money from taxpayers to finance spending on government operations and infrastructure.
By Adam Schuster