Category Archives: Taxation
Budget Battle Continues in Springfield
You’ll recall that the governor campaigned on the idea of raising the income tax a bit (he never really said by how much) and then rolling it all the way back to 3 percent by the end of his first … Continue reading
Illinois Has Too Many School Districts
From 1930 through 1970, a gradual consolidation process eliminated 9 of every 10 school districts nationally. The number of districts in the U.S. fell dramatically, to fewer than 20,000 from over 120,000. Illinois followed similar trends. In 1942, Illinois had … Continue reading
Ald. Ameya Pawar Throws First Official Hat in Democratic Ring for Illinois Governor
For a sitting, massively rich Republican governor who just added $50 million in personal cash to his re-election campaign, a sitting Chicago alderman with a measly $50,000 probably doesn’t seem much of a threat.And perhaps pro-business, union-critic Governor Bruce Rauner … Continue reading
Is Illinois Going to Have A Budget Soon ?
A plan to end a two-year Illinois budget standoff negotiated in the Senate — which likely includes an income tax increase as well as items on Gov. Bruce Rauner’s agenda — could get a vote in Springfield as early as … Continue reading
Illinois Residents Movin’ On
United Van Lines reports that Illinois is Number 2 is the ratio of people moving out versus those moving in. 63% of the loads are leaving Illinois. I wonder where weather would be categorized. Interesting that young people are moving … Continue reading
Should Leyden and Norwood Park Township Villages Opt Out of Cook County Minimum Wage Ordinance ?
Following the lead of the City of Chicago and other municipalities nationwide, on October 26, 2016, the Cook County Board of Commissioners voted to gradually increase the minimum wage in Cook County to $13 per hour by July of 2020. … Continue reading →