A new report from the Civic Committee of the Commercial Club of Chicago recommends a 1-percent increase in the state income tax.
Taxes
Jan 28, 2019 |
Monday marks the start of income tax filing season. Learn about what’s different this year in the wake of new tax laws.
Jan 16, 2019 |
Looking back 50 years to the inauguration of former Gov. Richard Ogilvie, and the politically risky decision he made shortly thereafter.
Jan 3, 2019 |
The new Cook County assessor has vowed to bring fairness, transparency, ethics and modernization to the office. Fritz Kaegi joins us to discuss his 100-day plan and more.
Dec 26, 2018 |
After clearing a legal hurdle, the new Chicago ordinance will raise the prices of cigars, self-rolled tobacco and chewing tobacco.
Dec 21, 2018 |
The Daley campaign provided “Chicago Tonight” the cover sheets for his 2017 federal income 1040 form. They show that Bill Daley paid an effective tax rate of 37 percent on adjusted gross income of just over $2.5 million.
Dec 20, 2018 |
The majority of candidates running for mayor of Chicago have not yet released their tax returns – and some may not at all. “This is no time for a mayor to be veiled in secrecy,” said candidate Paul Vallas.
Dec 18, 2018 |
Tax returns can show a candidate’s wealth, charitable giving and whether their financial interests could present a conflict of interest. At least five of the major candidates for Chicago mayor have not yet made their returns public.
Dec 11, 2018 |
As the end of the year approaches, it’s time to get your tax affairs in order. Two local tax experts offer their advice.
Oct 16, 2018 |
J.B. Pritzker is on track to spend his entire 2017 income on his gubernatorial campaign, while Bruce Rauner has spent roughly half his annual income on the race, tax forms show.
Oct 1, 2018 |
Online shoppers in Illinois are now required to pay the state’s sales tax when making purchases from certain out-of-state retailers.
Sep 10, 2018 |
Mayor Rahm Emanuel has floated the idea of selling more than $10 billion in pension obligation bonds. We dig into the idea.
Sep 7, 2018 |
Chicago’s bag tax has resulted in a decrease in the use of disposable bags since taking effect early last year, but a majority of shoppers still use at least one disposable bag per trip, a new study shows.
Aug 23, 2018 |
The recent GOP federal tax cut law isn’t very popular among Democratic politicians. But city officials are taking advantage of one provision that could jump-start development in blighted areas.
Jun 21, 2018 |
A U.S. Supreme Court decision released Thursday will have consequences for the state budget – and for online shoppers.
May 21, 2018 |
Some North Side homeowners say the Cook County Assessor over-valued their property. Will other Chicago homes see a hike in their assessments?
