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Quick Hit
by Matthew Blake
Tue Feb 28, 2012

An Alternative Solution To The Illinois Budget Crisis

With Illinois in a perpetual budget crisis and Gov. Pat Quinn proposing deep cuts for Medicaid, pensions, and social services, a Chicago think tank wants to amend the state constitution so the state government can impose a graduated income tax.

The Center for Tax and Budget Accountability released a report today touting the benefits of a graduated income tax. This is compared to the status quo where all residents – from Derrick Rose to your neighbor – pay five percent of their yearly income to the state.

Quick Hit
by Brandon Campbell
Wed Feb 22, 2012

Chicagoans Call On Quinn to Close Corporate Tax Loopholes (VIDEO)

With Governor Pat Quinn expected to address Illinois’ nearly $8 billion in unpaid bills during his annual budget speech today, some Chicagoans are calling on him to close three corporate tax loopholes.

A group of about 50 protestors belonging to Southsiders Organized for Unity and Liberation and other organizations gathered outside the State of Illinois building Tuesday afternoon to deliver a new fiscal policy report to the governor’s office.

“In the tradition of Carnival, today is called Fat Tuesday and tomorrow is Ash Wednesday,” Rev. Marilyn Pagán-Banks, a member of Northside P.O.W.E.R., said at the protest. “Today we are calling on Illinois’ fat cats, these corporate persons, to get their greed out of their system so that tomorrow they can repent.”

Quick Hit
by Matthew Blake
Wed Feb 15, 2012

Chicago Turns Toward Outstanding Parking Tickets For Revenue

The Chicago City Council passed a law today that will subtract a person’s outstanding parking and speeding ticket debt, and other such citations, from their state income tax return. The law is revealing of Mayor Rahm Emanuel’s approach toward taxes.

Quick Hit
by Matthew Blake
Wed Feb 8, 2012

Tea Party Speaker Praises Emanuel On Education (VIDEO)

EmanuelThe Chicago Tea Party may not like many things – taxes, Mitt Romney, even the Republican Party. But the Tea Party did like a video made by Andrew Marcus, which champions Chicago Mayor Rahm Emanuel’s education policies.

Marcus, director of the video, “A Tale of Two Missions,” produced by the Michigan-based Education Action Group, was the featured speaker at a Chicago Tea Party event downtown tonight.