Tax on Uber, Lyft rides in downtown Chicago set to triple Jan. 1
Tax on Uber, Lyft rides in downtown Chicago set to triple Jan. 1
Chicagoans will pay higher taxes on rideshare trips in 2020 as part of Mayor Lori Lightfoot’s first budget.
New taxes and fees on Illinois driving, vehicles total $1.9B
New taxes and fees on Illinois driving, vehicles total $1.9B
Jan. 1 marks a second wave of taxes aimed at drivers to support an infrastructure package championed by Gov. J.B. Pritzker and shrouded in corruption allegations.
Repeal Day: Prohibition ended 86 years ago, but Illinois’ alcohol taxes, regulations remain sobering
Repeal Day: Prohibition ended 86 years ago, but Illinois’ alcohol taxes, regulations remain sobering
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. Illinois, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
When drivers shift into ‘park’ after Jan. 1, Illinois will move to collect taxes
When drivers shift into ‘park’ after Jan. 1, Illinois will move to collect taxes
Illinoisans paying to park will see a new tax beginning in January. Even parking on someone’s lawn for a special event will be taxed.
Senate President John Cullerton set to collect $2M pension
Senate President John Cullerton set to collect $2M pension
Due to a pension sweetener available only to veteran Illinois lawmakers, Cullerton’s annual pension will soon be more than he ever made from his Statehouse salary.
Chicago’s 2020 budget proposal was never truly balanced
Chicago’s 2020 budget proposal was never truly balanced
Faced with the impossible task of balancing Chicago’s budget without pension reform, Mayor Lori Lightfoot is forced to partially rely on phantom cuts and revenues.
Power in payments: Illinois can help unbanked residents, save money by adopting best practices in payment methods
Power in payments: Illinois can help unbanked residents, save money by adopting best practices in payment methods
Each year, tens of billions of dollars flow through Illinois state government.1 These flows all depend on methods of payment. In deciding on those payment methods, policymakers must consider a number of important factors, including security controls, cost effectiveness, accessibility, speed and allowance for choice. This report shows that by adopting best practices across all...
Illinois cellphone taxes are highest in nation, average $374 a year
Illinois cellphone taxes are highest in nation, average $374 a year
Taxes alone hike the average Illinois cellphone bill by 31%.
Bill aims to pay Illinois lawmakers only for days they actually work
Bill aims to pay Illinois lawmakers only for days they actually work
Lawmakers can currently work one day to qualify for a whole month’s pay. A bill to change that has been stuck in committee since the spring.
Lightfoot asks Springfield for progressive ‘exit tax’ on Chicago property sales
Lightfoot asks Springfield for progressive ‘exit tax’ on Chicago property sales
Chicago Mayor Lori Lightfoot wants state lawmakers to let her impose progressively higher real estate transfer tax rates to close a $838 million budget deficit. She faces a limited time window and resistance from state lawmakers.
With Illinois on deck, state tax hikes just lost big at the ballot box
With Illinois on deck, state tax hikes just lost big at the ballot box
If other states’ recent tax votes are any indication, Pritzker’s proposal could be a tougher sell than he thinks.
Pritzker’s flawed ‘fair tax’ plan already failed Californians
Pritzker’s flawed ‘fair tax’ plan already failed Californians
Illinoisans should learn from the Golden State’s “fair tax” failure, lessons that state leaders ignore.
Governor’s office uses Illinois economic report to push ‘fair tax’ falsehoods
Governor’s office uses Illinois economic report to push ‘fair tax’ falsehoods
An annual financial report from Gov. J.B. Pritzker’s office forecasts a gloomy fiscal future for Illinois and pushes his false choice between dire spending cuts or a flawed progressive tax plan.
Chicago teachers no longer can save 40 sick days for retirement: now it’s 244
Chicago teachers no longer can save 40 sick days for retirement: now it’s 244
Pension benefits consume 25% of Chicago Public Schools’ budget. The new Chicago Teachers Union contract increases bankable sick days six-fold, increasing pension costs and taking more from classrooms.