Illinois’ comeback story starts here.

Chicagoans: Brace for yet another tax hike

Chicagoans: Brace for yet another tax hike

A new property tax hike worth as much as $148 million is set to hit Chicagoans as part of the latest school funding proposal. That’s on top of the record-breaking property tax hikes Mayor Rahm Emanuel approved in 2015 and a litany of other city and county taxes and fees.

By John Klingner

Is your family eligible for Illinois’ tax credit scholarships?

Is your family eligible for Illinois’ tax credit scholarships?

The tax credit scholarship program included in the school funding proposal passed by the General Assembly would be the first of its kind in Illinois, and one of the largest of such programs in the nation.

Rauner issues amendatory veto of banker bailout bill

Rauner issues amendatory veto of banker bailout bill

House Bill 3004 would have put banks and bondholders ahead of taxpayers and those who rely on government services. But Gov. Bruce Rauner’s amendatory veto strips the bill of those bailout provisions.

Illinois House passes school funding plan, tax credit scholarships

Illinois House passes school funding plan, tax credit scholarships

After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.

By Austin Berg