Fiscal experts are warning that Chicago Public Schools (CPS) will be back for more once the revenue raised from yet another increase in property taxes disappears into the fiscal black hole that is the Chicago Teachers Pension Fund (CTPF).
Chicago Public Schools (CPS) should have already learned the lessons of poor financial management, Ted Dabrowski, vice president of policy at the Illinois Policy Institute, contended on a recent episode of "Illnois Rising."
You'll need to dig deep to pop for a soda in the Chicago area, according to the Better Government Association (BGA), which says the new Cook County beverage tax has made it one of the most expensive places in the United States for soft drinks.
Gov. Bruce Rauner believes House Speaker Mike Madigan practices "legislative extortion," hurting the state in order to advance his own agenda, according to remarks Rauner made on a Chicago radio show recently.
Before the recently passed budget, Illinoisans could at least point to their 3.75 percent state income tax rate as being relatively low, even if their property taxes are relatively high, a policy pro said on a Chicago-based radio program recently.
While every state around it continues to grow in population and prosperity, Illinois keeps shrinking under the strain of higher taxes and more regulations, Michael Lucci, vice president of policy for the Illinois Policy Institute, said in an article on the institute's website.
Chicagoans could see a 28.2 percent monthly tax increase on land and cell phone lines billed to a city address if Gov. Bruce Rauner signs into law a measure that crept through the Legislature earlier in June.
The nation needs to call for civility in political discourse before more violence is committed against politicians, such as the shooting of a congressman in Alexandria, Virginia, earlier this month, a radio show producer said recently.