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A lawsuit aims to stop the sugary drink tax that's supposed to go into effect on Saturday.

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Cook County Board President Toni Preckwinkle says embattled Cook County Assessor Joe Berrios, a close political ally, has agreed to an outside evaluation of the property tax assessment process.

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Cook County is projecting a budget shortfall of $97.6 million. Cook County Board President Toni Preckwinkle joins us to discuss county finances, health care and the controversial soda tax.

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Cook County Assessor Joseph Berrios

A coalition of community groups is asking for an investigation into the Cook County property tax assessment system run by Assessor Joseph Berrios.

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Chicago residents should expect to pay about 10 percent more in property taxes. 

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U.S. Treasury Secretary Steven Mnuchin

President Donald Trump’s tax plan was formally rolled out Wednesday. As promised on the campaign trail, the plan includes several business-friendly tax measures.

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(Walmart / Flickr)

Studies estimate that more than 100 billion plastic bags are used annually in the U.S. But in Chicago, many shoppers have switched their habits since the start of the city’s tax on plastic and paper bags, a new study shows. 

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(Pictures of Money / Flickr)

Nationally syndicated columnist Ilyce Glink offers advice on everything from managing student debt to retirement funds.

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Protesters plan on bringing three inflatable chickens to Saturday’s march. The balloons are meant to resemble President Trump. (Courtesy of Taran Brar)

Tax Day is coming up and thousands have expressed interest in sending the president a message by protesting his refusal to release his tax returns. “What is he hiding?” asked Tax March Chicago organizer Taran Brar.

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Tuesday marks day two of the semi-annual Cook County tax sale, where those delinquent on their property taxes have their liens sold to private investors, who can then collect massive interest rates. A push to change the system by some public officials has simply raised more questions.

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Why Cook County property owners who are eight months delinquent in paying taxes are about to owe major fees to private companies.

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Laurence Msall of the Civic Federation shares his reaction to Gov. Bruce Rauner’s state of the state address on Jan. 25 on “Chicago Tonight.”

The state of Illinois will not get out of its budget hole without a significant income tax hike, according to a new report issued by the Civic Federation, a fiscal watchdog group.

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After hours discussing the grand bargain budget behind closed doors, the state Senate goes home without voting. A look at how the deal is changing.

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Illinois Senate President John Cullerton speaks Monday at the City Club of Chicago.

Senate leaders’ bipartisan salve to Illinois’ budget troubles is on tap for a vote in Springfield this week.

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Illinois Policy Institute CEO John Tillman (Chicago Tonight)

The conservative Illinois Policy Institute unveiled a plan Tuesday that promises to fill Illinois’ $7.1 billion budget hole, without any increase in taxes. 

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A city ordinance intended to curb disposable bags will go into effect Feb. 1. (Walmart / Flickr)

Shopping trips may become additionally taxing for Chicagoans starting in February as the checkout bag tax is set to go into effect on the first of the month.