Independent tax tribunal faces elimination by Pritzker budget proposal – Center Square

The General Assembly created the independent tribunal in 2013, with the stated purposes of increasing fairness in the tax system and resolving disputes between taxpayers and the Illinois Department of Revenue. The tribunal’s jurisdiction is limited to certain Illinois statutes and it generally hears cases involving more than $15,000 of interest and penalties.
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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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