Day: August 28, 2023

Chicago: That Taxin’ Town – City Journal

“During the past decade, Chicago’s commercial property taxes have jumped 93 percent. The city taxes commercial properties at 3.78 percent of their value each year—the nation’s second-highest effective tax rate and more than double the average for the largest cities in each state…Chicago can’t expect to attract new businesses while imposing oppressively high taxes. Fueled by unchecked local government spending, Chicago’s companies and iconic landmarks face a relentless, uphill financial battle. Business prospects will remain thin until the situation is addressed. “

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Gov. Pritzker and Mayor Johnson ask feds to fast-track work authorization for migrants – Chicago Tribune*

The joint ask is for Homeland Security to grant asylum-seekers parole through the “Significant Public Benefit” designation, in which states would sponsor individuals to work in critical industries. Among the industries identified in Illinois, according to the letter, are “food processing, clean energy, health care (including in nursing and dentistry), transportation, warehousing and more.”

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Key Panel Advances Plan to Transform Former Chicago Marine Corps Facility into Migrant Shelter – WTTW (Chicago)

The Chicago City Council is set to consider the proposal to purchase the now-vacant 10.7-acre property at 3404 W. Foster Ave. for $1.5 million from the Metropolitan Water Reclamation District for housing more than 1,600 migrants. Ald. David Moore was the only member of the Housing and Real Estate Committee to reject the plan: “I have not heard or seen a clear strategy” for moving the migrants out of the airport and police shelters. Where is the larger strategy?”

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‘Madigan Enterprise’ prosecution ‘indicators on things that ought to change,’ Pritzker says – Center Square

Gov. JB Pritzker said there aren’t many lessons to learn from Tim Mapes’ trial that should lead to legislative action. “We ought to be continuing the improvement process,” he said. “But remember, it’s also about electing good people to public office and then holding people accountable if in fact they’re corrupt and breaking the law, and that’s happening.”

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Downtown residents give thumbs down to NASCAR repeat – Crain’s*

The online poll was conducted for Ald. Brendan Reilly, 42nd, whose ward includes the central business district. The survey was open to anyone who chose to participate and, thus, is not scientific and may have attracted a disproportionately negative sample. Of the 662 ward residents who responded to the survey, 58% said they were “negatively impact(ed)” by the closure of DuSable Lake Shore Drive and other thoroughfares, compared to just 34.7% who said they were not. The remaining 7.3% were reported as “indifferent.”

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Opinion: Let’s not let misperceptions define us, Chicago – Crain’s*

Chicago skyline

Larita Clark is CEO of the Metropolitan Pier & Exposition Authority. Emilia DiMenco is CEO of the Women’s Business Development Center. Jaime di Paulo is CEO of the Illinois Hispanic Chamber of Commerce. Michael Fassnacht is CEO of World Business Chicago. Lynn Osmond is CEO of Choose Chicago. Charles Smith is executive chairman of the Business Leadership Council: “We must do our part to communicate what makes Chicago great to our friends, colleagues and family. Rather than allow misperceptions to define us, we need to stand together as a

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Chicago mayor mocked for suing automakers for car thefts: ‘Criminals run rampant’ but it’s a ‘Kia problem’ – FOX News

Chicago officials“It’s the fact that they are so easily taken by criminals who run rampant in the city of Chicago, but we have yet to hear our mayor say anything, one word, about the criminals running rampant in our streets,” Ald. Ray Lopez said. “And all he does in turn is lambast the media, lambast those who try to hold criminals accountable by playing word games.”

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Employers Need to be Aware of New Illinois Protections for Employee Leave – JD Supra

The new Illinois Child Extended Bereavement Leave Act (CEBLA) requires covered Illinois employers to provide additional unpaid leave to employees who are faced with a child’s death due to homicide or suicide. The Illinois Victims’ Economic Security and Safety Act (VESSA) provides unpaid leave for employees grieving a family members death as a result of a violent crime.

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Column: ‘M&M”s melted in court; Madigan is next man up – Champaign News-Gazette

Jim Dey: “(Tim) Mapes is the fifth defendant to go to trial and be convicted in the ComEd case. The others are former ComEd CEO Anne Prammagiore and utility lobbyists John Hooker, Jay Doherty and Michael McClain. McClain and Mapes represent two-thirds of the powerful troika that shaped public policy and launched political maneuvers for decades in Springfield. At the top of the ‘M’ triangle is Madigan.”

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Chicago’s budget soared by 50% — $5.7 billion — in four years, but Mayor Johnson wants more – Wirepoints

If you’re a Chicago resident fed up with the city’s ever-increasing taxes, fees and fines, you might want to call your alderman and Mayor Brandon Johnson and ask them what they’ve done with all the extra billions in the city budget. Chicago’s $16.4 billion 2023 budget is much bigger than it was just four years ago and yet Johnson still wants lots

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Electric Dreams: $2 Billion Battery Venture Could Spark Economic Revolution in Illinois – Country Herald (Kankakee County)

Tim Nugent, of the Economic Alliance of Kankakee County, shared insights about the ambitious undertaking. “Project Unity” could potentially introduce an infusion of capital and job opportunities into the community. The compensation package attached to these jobs promises an average wage of approximately $55,000, translating to a payroll windfall of around $144 million annually.

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