Archive for taxes
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You are browsing the archives of taxes.
Governor Quinn recently announced a new $7 million “business investment package” that will keep U.S. Cellular’s headquarters in Illinois. The package is part of the state’s Economic Development for a Growing Economy Tax Credit Program (EDGE). The program provides …
In the last few years, the federal government and many state governments have used a similar approach to dealing with the economic downturn: higher taxes and more government spending. Governor Quinn’s proposed tax hikes and his $31 billion Illinois Jobs …
Earlier this month, CBS 2 Chicago with the help of the Illinois Policy Institute, ran a story about the various taxes you pay in the City of Chicago. While “What are you shelling out for taxes?” was a …
Homeowners in the village of Country Club Hills are upset that their property taxes are increasing by a whopping 45 percent. The mayor says that new assessments from Cook County are to blame, but the county assessor says that his …
If Cook County wants to push its residents, businesses and revenue out of town, it’s doing a good job. Tomorrow, Cook County’s sales tax will increase yet again. Cook County already has the highest sales tax in the nation, and …
John Kass provides a colorful commentary on how beneficial life can be if you’re related to a politician in Chicago. See his piece, here.
As anyone can see, more openness about government spending (contracts, vendors, grants, who authorized the …
Nothing more clearly illustrates the peril faced by the State of Illinois than this week’s reports on Illinois’ short-term fiscal challenges as well as the long-term inability to modernize state government.
Two recent reports—one from the Commission on Government Forecasting …