An income tax rate that would rise or fall based on your income level: Is that playing politics with your paycheck?
A prominent local tax watchdog group says Illinois government would gain $2 billion with a graduated income tax.
Congress makes another attempt at passing a balanced budget amendment as a new report shows the federal deficit skyrocketing.
After a highly critical independent report finds Cook County property taxes punish the poor, officials from the assessor’s office are put in the hot seat.
A bombshell report on Cook County’s property tax system exposes flaws in how the assessor determines how much residents owe in property taxes.
Another race in the March 20 primary that is heating up: Cook County assessor. The field narrowed Tuesday to one contender taking on incumbent Joe Berrios, but the dirt is still flying.
Is an independent review of the Cook County assessment process just a political cover for embattled Assessor Joe Berrios?
Powerful Chicago Ald. Ed Burke is under fire once again for an alleged conflict-of-interest violation involving two downtown buildings.
Contributors have pledged $38.5 million so far in 2018 to the state’s new and program, celebrated by advocates of school choice but derided by teachers unions and other critics as a subversion of the public education system.
Thousands of Cook County property owners prepaid 2017 tax bills before the end the year, to the tune of almost $800 million. Where that money is going.
New Year’s revelers may want to take note: The city plans an extra crackdown on party buses that shuttle people from bar to bar. Here’s the latest on that and what to expect in 2018.
Congress has passed the most significant tax code reform since Ronald Reagan was president. How will the sweeping overhaul impact your bottom line? We get advice and tax tips from two experts.
One change expected to hit individuals in states like Illinois particularly hard: A $10,000 limit on the amount of state and local taxes that can be deducted from your federal taxes. Previously, that deduction was uncapped.
Republicans in Congress have successfully passed tax legislation. Will a corporate-friendly tax overhaul help spur job and wage growth, or merely help the rich get richer?
Chicagoans will soon be paying a little more for ride-sharing services and for big concerts at places like the United Center and Wrigley Field. But with the soda tax long gone, what is the fate of county jobs?
Illinois Republican Congressman Peter Roskam says that criticisms of the recently passed House GOP tax cut bill are “hyperbole.”