-- Connecting the dots between our economy, government and business --
Take a look at the long list of new taxes on the table for Joe and Mary Six-Pack to pay.
The majority of municipalities in the Chicago region, including the city itself, lost population last year, according to newly released estimates from the U.S. Census Bureau. After losing an estimated 7,073 people from 2017 to 2018, Chicago stands at just over 2.7 million residents.
The new estimates, released in Chicago late Wednesday, show that most municipalities in northeastern Illinois are not adding residents. Of the 279 incorporated towns and cities in Cook County, the collar counties and Kendall County, more than three-fourths lost population in the last year. The average municipality in the area shrank by 0.6%.
Comment: Sorry, moms. Gotta do what the teachers’ unions say to do.
200 contract demands by CTU.
The bill calls for raising the bond limit of the Metropolitan Pier and Exposition Authority, commonly called McPier, by roughly $600 million, to $3.45 billion. The authority runs McCormick Place.
The expansion would be paid for, in part, by imposing a fee on ride-hailing trips.
Comment: More of his loaves and fishes act. His $3.5 tax hike wouldn’t come remotely close to funding all he claims.
By Illinois Policy Institute’s John Tillman.
With the state expected to be freed from the restrictions of the 1998 law, environmental advocates are again turning their attention to a highly ambitious clean energy bill that aims to move Illinois to 100% clean energy by mid-century.
The former chief of staff to Michelle Obama evaded a subpoena Wednesday from retired Illinois Appellate Judge Sheila O’Brien. O’Brien wants Tchen to hand over records related to her conversations with Cook County State’s Attorney Kim Foxx regarding the ‘Empire’ actor.
For the state’s most highly taxed homeowners, it isn’t nothing. But it’s close.
Davesurance.com insurance broker Dave Castillo said consumers can expect to pay more if such a tax passes, but that money will be matched dollar for dollar by the federal government. House Bill 272, which would impose a 1 percent tax on claims paid by health insurance carriers or third-party administrators to be solely used for funding Medicaid services, remains in a House committee.
Expect the Chicago Teachers Union to try to bully new mayor Lori Lightfoot as teacher contract negotiations heat up. The problem is, Lightfoot has nothing to give. Windy City residents simply can’t afford the union’s new over-the-top demands, so Lightfoot must stand up to the CTU.
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