The latest on a possible – and major – amendment to the state constitution that would lift a requirement that all income be taxed at a flat rate.
He’s promised big ethics changes and is now pushing to streamline the assessment system and change the rules for some property owners. We sit down with Cook County Assessor Fritz Kaegi.
Want to know how much you’d pay under the governor’s graduated income tax proposal? Specifics of the plan, released Thursday, show it would hit high earners the hardest.
Gov. J.B. Pritzker struck a bipartisan tone in his budget speech. What the top Democrat and Republican in the state Senate think of his proposal.
A new report from the Civic Committee of the Commercial Club of Chicago recommends a 1-percent increase in the state income tax.
Monday marks the start of income tax filing season. Learn about what’s different this year in the wake of new tax laws.
Looking back 50 years to the inauguration of former Gov. Richard Ogilvie, and the politically risky decision he made shortly thereafter.
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.
After clearing a legal hurdle, the new Chicago ordinance will raise the prices of cigars, self-rolled tobacco and chewing tobacco.
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.
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.
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.
As the end of the year approaches, it’s time to get your tax affairs in order. Two local tax experts offer their advice.
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.
Online shoppers in Illinois are now required to pay the state’s sales tax when making purchases from certain out-of-state retailers.