Canadian manufacturer to get $1.1M state tax break deal, local property tax breaks
Canadian manufacturer to get $1.1M state tax break deal, local property tax breaks
The Brandt Group of Companies inked a deal through Illinois’ state tax credit program and will receive property tax abatements from multiple local governments.
By Brendan Bakala
Repeal Day: Illinois’ sobering alcohol taxes, regulations a reminder of Prohibition
Repeal Day: Illinois’ sobering alcohol taxes, regulations a reminder of Prohibition
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. But that hasn’t stopped the Land of Lincoln from serving a cocktail of prohibitive regulations on alcoholic beverages.
By Vincent Caruso
Tony Sambo
Tony Sambo
“I can’t get out. I keep paying the property taxes and the workman’s compensation. They’re out of control. I’m stuck. I can’t get out. “I have commercial real estate people calling me all the time and they’re like, ‘We’ve got this building in Illinois.’ And I say, ‘No, I’m trying to get to Indiana.’ And...
IRS data: Illinois lost people and income to every neighboring state on net
IRS data: Illinois lost people and income to every neighboring state on net
New data from the IRS show Illinois lost $720 million and 21,800 people on net to neighboring states from 2015-2016.
By Austin Berg
Food truck owner fights for fairness, opportunity in Chicago
Food truck owner fights for fairness, opportunity in Chicago
Regulations have burned the Windy City’s once-promising food truck sector. One mobile restaurateur hopes to change that.
By Vincent Caruso
New IRS data: Illinois sees record loss of people, income to other states
New IRS data: Illinois sees record loss of people, income to other states
The Land of Lincoln is experiencing heavy losses of people and income to other states, new IRS data reveal. Illinois lost more than 86,000 people and $4.75 billion in adjusted gross income to other states from 2015-2016.
By Austin Berg
Cook County’s notorious soda tax ends today
Cook County’s notorious soda tax ends today
With the repeal of the Cook County sweetened beverage tax, taxpayers remind elected officials who they represent.
By Chris Lentino
Danville officials propose monthly fee of $22-85 for pensions in addition to property tax hike
Danville officials propose monthly fee of $22-85 for pensions in addition to property tax hike
A new city proposal would have owners of Danville property pay fees of up to $1,020 a year just for public safety pensions.
By Brendan Bakala
In need of a comeback story, Illinoisans give thanks to their champions
In need of a comeback story, Illinoisans give thanks to their champions
In a state that can seem devoid of hope, Joe Ocol’s empathy and generosity are something we all should cherish.
By Austin Berg
CEO survey ranks Illinois’ business climate third-worst in the nation
CEO survey ranks Illinois’ business climate third-worst in the nation
Illinois has been ranked third-to-last for business friendliness in three straight surveys of CEOs.
By Brendan Bakala
Interstate shipping ban chills Illinois wine business, ices out wine consumers
Interstate shipping ban chills Illinois wine business, ices out wine consumers
Prohibition died in 1933, but alcohol-related cronyism is alive and well.
By Vincent Caruso
Illinois borrowing $750M at near-junk credit rating
Illinois borrowing $750M at near-junk credit rating
The state is borrowing millions to finance capital construction projects and information technology improvements. But Illinoisans continue to pay for the worst credit rating of any state in the nation.
By Austin Berg
Six Illinois metro areas lose jobs over the year, majority see labor force dropout
Six Illinois metro areas lose jobs over the year, majority see labor force dropout
Illinois’ tepid jobs growth has come disproportionately in the Chicago area.
By Orphe Divounguy