Chicago Mayor Brandon Johnson is banking on $300 million in new property taxes from residents in his latest budget. He and his former coworkers at the Chicago Teachers Union want a progressive state income tax to deliver more money to them, not to property tax relief.
“Part of the idea is to have people in many different professions who are knowledgeable about the principles of entrepreneurship and liberty."
Washington, D.C., and New York City have cracked down on fare evasion because it is linked to serious and violent crime. The Chicago Transit Authority should do the same to curb its growing crime problem.
Chicago Mayor Brandon Johnson delivered his 2025 budget Oct. 30, including a nearly $1 billion deficit, runaway spending and low revenues that have him breaking his campaign promise not to raise property taxes.
The statewide Illinois job market outpaced the national average. But 13 of 15 metro areas continued to have higher unemployment rates than the U.S. average.
"There needs to be transparency and accountability."
New Illinois public school test data shows reading and math proficiency rates for third- through eighth-grade students increased since 2023. Not so for 11th graders, who performed worse in reading and math.
Another Illinois town voted to pass a local grocery tax. See how much grocery shoppers in your community could lose if your local leaders also impose the tax.
Illinois voters on Nov. 5 will be asked whether they favor a “millionaire tax.” Here are three things to know about it: the tax can be easily avoided, it fails to provide stable revenue and it discourages or limits economic growth.
Illinois needs to spend $4.9 billion more annually to pay for pensions, but the “millionaire tax” would only raise an estimated $3-$4.3 billion. That’s too little for the pension bills and would leave nothing for property tax relief.
Implementing the “millionaire” tax would give lawmakers the power to tax retirement income. Every state with a progressive tax also taxes retirement income.
Some Illinois communities see regulating any mischief on Halloween as a real treat. One town fines trick-or-treaters up to $750 if they don’t know the Halloween laws.
A push to raise Illinois’ income tax may create the most extreme business income tax rate in the nation. “Millionaire tax” could hurt jobs in a state already struggling.