Tax Concerns Loom Large For Chicago CRE Despite Mayor Touting Less-Than-Expected Increase – Daily News Chicago

“So-called reforms have done nothing to eliminate uncertainty that has been a hallmark for a very long time,” tax appeal professional Brian Forde said in a report from DePaul University. “In fact, it seems to be getting worse with policies that focus primarily on shifting the tax burden from residents to commercial property owners rather than getting valuations correct, or equally important, repairing issues with Cook County’s inequitable classification system.”

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‘Workers’ Rights Amendment’ would codify unions’ gains in Illinois – The Southern Illinoisan (Carbondale)

Opponents say that it would also essentially take future decisions over collective bargaining out of the hands of state lawmakers. “What it really does is preserve organized labor’s preference for not even having to discuss the issue,” said Todd Maisch, president of the Illinois Chamber of Commerce, which is opposed to the measure. “What we think, though, is that because it is so difficult to amend the constitution, that organized labor is trying to lock in the status quo for generations to come.”
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City planning chief doubles down on Soldier Field’s post-Bears future – Chicago Sun-Times*

A rendering of the inside of a domed Soldier Field, released on Monday, July 25, 2022.

Even if the Bears leave Chicago, Planning and Development Commissioner Maurice Cox said putting a dome over Soldier Field will remain “one of the options that extends its use for 365 days a year.” He would only say financing the mayor’s $2.2 billion plan to expand, renovate and put a lid on Soldier Field is “pretty complex,” and there are “multiple scenarios for how it could be done.”

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Unemployment Rate for Black Chicagoans More than Double Rate for White Residents. – WTTW (Chicago)

Nationwide unemployment in August stood at 3.7%, but for Black Americans that rate was 6.4%, roughly in line with a gap that has existed for as long as the Bureau of Labor Statistics began reporting that data. And locally, the racial unemployment gap is even starker. While the overall unemployment rate for Chicago is nearly 5.8% in August, the rate for Black residents is more than twice that, at 14.3%.

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