Illinois’ comeback story starts here.

Valentina Marieyah Pacheco-Cornejo

Valentina Marieyah Pacheco-Cornejo

“We want to be a role model. We hope that others will do the same through development to uplift and restore our communities to what they were.”

Vallas: 4 reasons why ‘mansion tax’ is bad for Chicago business

Vallas: 4 reasons why ‘mansion tax’ is bad for Chicago business

Two false labels are attached to Chicago Mayor Brandon Johnson’s push to tax high-dollar real estate sales. It’s not a “mansion tax.” It taxes mainly businesses. It won’t help “Bring Chicago Home.” It will fuel businesses moving out.

By Paul Vallas

The Policy Shop: Tackling Chicago’s deep poverty crisis

The Policy Shop: Tackling Chicago’s deep poverty crisis

This edition of The Policy Shop is by Director of Fiscal and Economic Research Bryce Hill. You’ve got $19 today. Can you get through the day on just that? Food. Shelter. Clothes. Transportation. Even if you make it through today, can you do it again tomorrow? Then the day after? Then for years? No stress...

Vallas: City budget passes, next fiscal crisis looms

Vallas: City budget passes, next fiscal crisis looms

Now that Chicago Mayor Brandon Johnson has passed his first budget, attention should be on the Chicago Public Schools. School leaders claim it will have a budget hole of over $600 million by 2025.

By Paul Vallas