Cook County home values down 31%, property taxes up 22% since 2007
Cook County home values down 31%, property taxes up 22% since 2007
Without true pension reform, property taxes are only bound to continue swamping Cook County homeowners.
Without true pension reform, property taxes are only bound to continue swamping Cook County homeowners.
Gov. J.B. Pritzker’s “fair tax” plan falls far short of the revenue needed to pay for his spending promises – feeding fears of future tax hikes on middle-class families.
Chicago is the most corrupt city, and Illinois the second-most corrupt state, in the nation, according to a recent report by the University of Illinois at Chicago. But corruption in Illinois is more than a buzzword. It comes with social and economic costs. Not only does corruption lessen residents’ faith in the government, it decreases...
County leaders may exercise new taxing authority from Gov. J.B. Pritzker’s capital plan. Illinois already doubled its portion of the gas tax, pushing the total burden to No. 3 in nation.
Illinois’ film tax credit program is a slap in the face to the state’s small business community outside the spotlight, does little to grow good jobs and is rife with corruption.
Illinois counties are hiring debt collectors to track down people who may owe money for older, unpaid traffic tickets. One woman accused of owing money would have been just 14 when the ticket was issued.
The state collects no sales tax on trade-in value, but that changes next year. Car dealers call the $60 million to be collected ‘double taxation’ because trade-ins were taxed when purchased.
Illinoisans will soon see their property tax bills listing tax increment financing districts and the amounts the districts are absorbing. Debate about the cost versus benefit should follow.
Newly retired government workers’ lifetime pension benefits will far exceed what they contributed toward their own retirements
Chicago aldermen will be held to higher ethical standards after approving the new mayor’s proposals to repair Chicago’s well-earned reputation for corruption.