Don’t Fund Chinese Companies In The Tax Bill – Tipp Insights

Despite clear warnings, the People’s Republic of China, with help from the Biden administration, Democratic governors, and members of Congress, has established footholds in America’s emerging electric vehicle battery sector. Gotion, a company with deep ties to the Chinese Communist Party, has begun building plants in Michigan and Illinois despite strong local pushback.

Read More »

Illinois lawmakers eye remedy for soaring electric bills – Chicago Sun-Times

Illinois lawmakers are considering ways to generate and conserve more power with a plan to push for additional solar and wind energy; end a state ban on new nuclear plants; and incentives to build large batteries that store the energy produced by “renewable” solar and wind power. Consumers would also be urged to conserve more energy under incentives included in a more than 750-page bill that was presented in the final days of the legislative session.

Read More »

Illinois cities should learn from Rockford when it comes to spending – Illinois Policy

In Rockford, which had a tax rate of 3.31 percent in 2017, Mayor Tom McNamara has reduced the rate to roughly 1.93 percent. This means as property values have gone up, the tax levy and property tax bills have remained somewhat stagnant. Two simple strategies have empowered Rockford to avoid tax hikes: eliminating unnecessary costs and only spending on what’s important.

Read More »

Chicago alderman slams mayor’s hiring practices as ‘giant leap in the wrong direction’ amid DOJ probe – FOX News

“This is just one sad step backwards for the City of Chicago to have the mayor articulate so passionately that he prefers to hire one ethnic demographic at the expense of all others. It doesn’t make sense to me how, in the 21st century, we’ve done so much to try to move beyond seeing each other just solely based on race, that we are now taking a giant leap in the wrong direction,” Ald. Ray Lopez said.

Read More »

Lawmakers file transit reform bill, but don’t yet address fiscal cliff – Chicago Tribune/Yahoo

The RTA has previously said the ability to integrate fares and keep them relatively low will depend on whether the state addresses an expected financial shortfall, which the legislation being considered so far does not address. More than 50 ‘L’ stations could close or see service slashed, and more than half of the CTA’s bus routes could be eliminated entirely in that “doomsday” scenario, the RTA has warned. On Metra, trains could run only once an hour on weekdays and service on the Metra Electric’s line to Blue Island could be cut entirely.

Read More »

Editorial: Reassessments are done. Many Chicago homeowners will see hefty tax increases this fall. – Chicago Tribune/Yahoo

“In the short term, the pain to come for Chicago homeowners should serve as a warning to taxing bodies, particularly the city of Chicago. Last year’s revolt on the City Council floor over Mayor Brandon Johnson’s proposed $300 million property tax increase likely will be but a prelude to a far rougher budget battle if the mayor attempts again to balance Chicago’s books on the backs of property taxpayers. … The relentless property tax hikes to finance a bloated public school system will get a harsher spotlight once all board members have to face voters.”

Read More »

Illinois lawmakers want to kick taxpayers in the teeth with expensive pension sweetener bill – Wirepoints

More pension sweeteners for government workers. Worth billions. That’s what some Illinois lawmakers want to squeeze into the state budget negotiations this week just as their session comes to an end. Sweetening pensions – lower retirement age, bigger pensions and bigger colas – is, of course, the exact opposite of what lawmakers should be doing.

Read More »