Category Archives: Finance
COOK COUNTY HOME VALUES DOWN 31%, PROPERTY TAXES UP 22% SINCE 2007
Cook County homeowners have yet to recover much of the home value they lost after the 2007 housing market crash. But that hasn’t stopped county homeowners’ property tax bills from climbing. Average home prices in Cook County are 31% lower … Continue reading
Mayor Of Chicago Attempting to Impose the City Pension Obligations on State Of Illinois-wide Taxpayers for Bale-out
The outlines of how Mayor Lori Lightfoot would like Springfield to help her balance her new city budget are coming into focus, and it looks like she’ll be making a big, big ask. According to knowledgeable sources in Chicago and … Continue reading
Illinois Pot Industry Buzzing With Union Drives—-Union Label on Weed
The marijuana industry is expected to generate thousands of high-wage jobs in Illinois over the next decade, and there’s a strong chance cannabis growers and sellers will be hiring union labor. Legislation (H.B. 1438) legalizing cannabis for recreational use Jan. … Continue reading
Illinois Gasoline Tax May Be 43.5 Cents Per Gallon In 2025….Think About That…..
Illinoisans will see the state gas tax double starting July 1. But that’s not all: the tax will be tied to inflation, meaning it will automatically rise in future years so lawmakers are shielded from motorists’ ire. Based on current … Continue reading
Illinois Extends It’s Role As The “Nanny State”
This is idiotic. A requirement for graduation? What if you are brilliant or an athlete and have been given a free ride? Okay, this is all my opinion. However, I suspect this is another case of the State of Illinois … Continue reading
Illinois Residents Face a Massive Tax Increase To Pay For the Illinois General Assembly Spending Spree
It was a tax massacre in Springfield! They doubled your gas tax and passed a budget with out of control spending that will likely lead to a massive future tax hike. I thought I would give a brief review one … Continue reading
Legal Marijuana For Sale in Illinois by 1/1/2020, Is The Prediction
With details of a recreational marijuana bill ironed out in Springfield, Governor JB Pritzker not only expects to see it on his desk by the end of the month, but has gleefully predicted that Illinoisans could be lighting up by … Continue reading
Has Our Educational System Failed Those Students With Mental Health Issues ?
Nineteen weeks into 2019, there have already been 15 school shootings in the US in which someone was hurt or killed. Is this a reflection of the educational systems’ failure to identify mental health issues ?
Illinois Faces 5th Year Of An Increasing Population Decline
Illinoisans received their 5th consecutive year of bad news at the end of 2018, with U.S. Census Bureau data showing the state suffered a record fifth year of worsening population decline. Cook County lost more residents between 2017 and 2018 … Continue reading
The governor’s office issued a concerning response to a simple request for the numbers backing up his “fair tax” proposal.
More than a week after claiming his income tax proposal would raise $3.4 billion in new revenue, Gov. J.B. Pritzker’s office now claims it can’t find the math used to calculate that number. This doesn’t inspire confidence in the governor’s … Continue reading