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Taxes
PI Original
by Angela Caputo
1:55pm
Wed Jan 20, 2010

Will State Lawmakers Take On TIF This Year?

Taxes

For years, Chicago Mayor Richard Daley has played fast and loose with the state's tax increment financing (TIF) laws. Aside from creating dozens of districts in areas that are far from blighted, the mayor has used the vast TIF network as a shadow budget, avoiding oversight ...

PI Original
by Josh Kalven
11:02am
Wed Jan 20, 2010
1 comment

Would Hynes' Plan Really "Get Us Out Of This Mess"?

IL-Governor

As Dan Hynes' Democratic gubernatorial campaign has gained traction in the past week, his proposal to institute a progressive income tax system has once again received attention in the media as a potential solution to the ongoing budget crisis.  For instance, a recent ...

PI Original
by Adam Doster
1:30pm
Tue Jan 19, 2010

Media Figures Call GOP No-Tax Pledge "Disingenuous"

Taxes
Over the past year, legislative leaders in Springfield have repeatedly delayed efforts to pass a tax reform plan to fix the state's crippling budget crisis.
PI Original
by Adam Doster
10:42am
Tue Jan 19, 2010
1 comment

Rescind This Corporate Tax Break, Save $100 Million

State Legislature
With the budget deficit ballooning and politicians from both sides of the aisle talking about the need to eliminate the state's overhanging debts, you might think Illinois officials would jump at the opportunity to close a corporate loophole that could save the state $100 million.
PI Original
by Angela Caputo
1:03pm
Mon Jan 18, 2010

You Can Just Call Us "California East"

Taxes
While Illinois certainly isn't the only state grappling with a major deficit, the state's budget hole has quickly become one of the nation's largest.
PI Original
by Adam Doster
1:34pm
Fri Jan 15, 2010

IL-GOV: Ad Wars Continue, Daily Herald Endorses Hynes

Election 2010

Earlier this week, both Democratic gubernatorial candidates released new attack ads. First, Comptroller Dan Hynes jumped on Gov. Pat Quinn for the way he handled the unpublicized "MGT Push" prisoner release program. Then Quinn knocked Hynes for "grossly distorting" his ...

PI Original
by Adam Doster
1:40pm
Thu Jan 14, 2010
1 comment

Note To Madigan And Cullerton: You Can Do It Yourselves

Taxes

You wouldn't know it listening to the Democratic leaders in Springfield, but they have more than enough votes to pass an income tax increase all on their own.

PI Original
by Adam Doster
4:05pm
Wed Jan 13, 2010
1 comment

Quinn Renews Tax Reform Pledge During State Of The State

State budget

Early reports predicted Gov. Pat Quinn wouldn't broach the topic of an income tax hike during his second State of the State address this afternoon. Although it took him 45 minutes to do so, the Democrat renewed his push for tax reform, both as a way to fund critical ...