Cook County’s short-lived penny-per-ounce tax on sweetened beverages not only failed to bring in as much revenue as projected, but it might also have cost the county millions in sales tax revenue as consumers crossed county and state lines to buy their groceries.
Comment: Supporters counter that the breaks are mostly in the form of tax reductions — taxes that wouldn’t be paid at all if the company was elsewhere.
The state of Wisconsin this month launched a new ad campaign aimed at luring Chicago millennials to move north. The focus is on Wisconsin’s lower cost of living and shorter commute times vs. Chicago’s.
Marie Newman has never run for anything, ever, in her 53 years. Nonetheless, she’s certain she can be the one to finally unseat Dan Lipinski, a seven-term incumbent in the 3rd Congressional District, in the March 20 Democratic primary.
The Superintendent of the Illinois State Board of Education is proposing spending $7.46B more of state general funds on public education in FY 2019, or $15.7B, a 90.9% increase or near doubling over the $8.2B allocated for FY 2018.
Real GDP expanded from $671 billion in 2007 to $696 billion in 2016. That growth of 3.8 percent pales behind the national rate of 10.7 percent, and 9.1 for the Midwest region.