Taxes
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.
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.
Nationally syndicated columnist Ilyce Glink offers advice on everything from managing student debt to retirement funds.
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.
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.
Why Cook County property owners who are eight months delinquent in paying taxes are about to owe major fees to private companies.
The owners of tens of thousands of homes and properties in Cook County who’ve fallen behind on their taxes have only a couple more days to settle their debts – or they could wind up paying a lot more.
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.
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.
Senate leaders’ bipartisan salve to Illinois’ budget troubles is on tap for a vote in Springfield this week.
The conservative Illinois Policy Institute unveiled a plan Tuesday that promises to fill Illinois’ $7.1 billion budget hole, without any increase in taxes.
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.
Starting Wednesday, customers will pay a 7-cent tax on each paper and plastic bag provided by stores to carry out items in all Chicago retail stores.
Thousands have expressed interest in a march urging Donald Trump to release his tax returns. “We want to see your taxes, Mr. President,” said organizer Taran Brar.
New, Higher Taxes Added to Senate Proposal
Illinois residents would pay a personal income tax rate of 4.99 percent under the latest incarnation of a bipartisan proposal proffered by Senate leaders.
Thousands of people moved out of the city and state over the past three years. Two former Illinois residents weigh in on their decisions, while another wrestles with the idea of packing his bags for good.