Ahead of Gov. J.B. Pritzker’s budget address where he is excepted to outline the budget for the 2021 fiscal year and his funding priorities, the State of Illinois has been named one of the "Least Tax-Friendly" states to live in, by MSN.com.
Chicago officials are moving to sell off billions of dollars in bonds, which, according to Wirepoints President Ted Dabrowski, is an appropriately desperate move designed to buy the city some time to come up with a more sustainable solution to its economic crisis.
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Candidate for Chicago's 39th Ward committeemen Barry Bebart is warning Mayor Lori Lightfoot that the 'set-asides' she wants to implement for gay city contractors may have the opposite effect of what she claims to be seeking.
Republican political strategist Chris Robling points to Chicago Mayor Lori Lightfoot’s plan of creating 'set-asides' for city contractors who identify as gay as an example of good intentions gone awry.
The Civic Federation recently reported that Chicago’s projected revenue from the city’s hotel accommodations tax for fiscal year 2019 is expected to be in the neighborhood of $126.3 million, with another $25.9 million to be generated from a hotel operators’ tax.
Passion House Coffee Roasters, a Near West Side-based coffee roaster with coffee shops in Logan Square, Goose Island and the Loop, is moving its roastery to a refurbished warehouse in East Garfield Park, at 328 N. Albany Ave., and it plans to open a coffee shop in the same building.
Illinois’ record-setting 2017 income tax hike has done little to slow the state’s rising pension costs, leaving state taxpayers on the hook for nearly $250 billion in unfunded public pension liability.
CHICAGO – Last month, U.S. Rep. Rashida Tlaib (D-Mich.) proposed a $18 to $20 an hour minimum wage increase instead of $15 per hour. The Congressional Budget Office warns that a $15 increase alone could put nearly 1.3 million jobs at risk.
Mayor Lori E. Lightfoot today announced the first steps toward the development of a new casino for the City of Chicago with consent on the selection of an independent consultant to perform an economic feasibility study.