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. “
Chicago police have not detailed where the shots came from or if someone brought a gun into Guaranteed Rate Field.
“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.”