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Yesterday's Articles Thursday, July 18, 2019 - 16 articles found

  
 
  • Thursday, July 18, 2019
    Florida agency using progressive tax, SALT cap to lure Illinois businesses to Miami area
    Economy (34) , Taxes, income (86)
    An out-of-state development agency is lobbying Illinois businesses to move to the Miami area, using the Illinois' proposed progressive income tax structure as a conversation piece.

    Christina Crespi with the Miami Downtown Development Authority said her trip in late June included talks with a number of financial firms in Illinois intereste...   read more >

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  • Thursday, July 18, 2019
    Illinois creates fund to send state tax revenue to homeowners for property tax relief
    Taxes, property (87) Mayfield, Rita--State House, 60 , McDermed, Margo--State House, 37
    Illinois now has a fund that lawmakers can fill with tax revenue and will be divvied up between the state’s homeowners.

    Illinois Gov. J.B. Pritzker signed the bill Friday creating the ...   read more >

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  • Thursday, July 18, 2019
    Illinois House Republican worries Democrats will use property tax relief task force to sell progressive income tax
    Taxes, Graduated/Progressive , Taxes, property (87) Butler, Tim--State House, 87
     A task force of lawmakers could soon come together to address Illinois’ second-highest-in-the-nation property taxes, but one Republican said he's worried the task force will be used to drive support for a proposed progressive income tax.

    One of the many bills passed ...   read more >

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  • Thursday, July 18, 2019
    Illinois State Treasurer Mike Frerichs
    State Fair, Fairs , Treasurer (92)
    Joey McLaughlin talks with Illinois State Treasurer Mike Frerichs about the unclaimed property auction coming up at the state fair, and opportunities to see a preview of auction items. https://wtax.com/podcasts/illinois-state-treasurer-mike-frerichs-7/ ...   read more >
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  • Thursday, July 18, 2019
    Illinois trade-in tax change: One example of growing affordability challenge
    Capital Development Board, Capital Construction Plan (14) , Governor (44) , Taxes, sales (88)
    Affordability, an issue for car buyers nationwide, is becoming even more complex for consumers at the state level.

    Starting next year, customers returning to the vehicle market in Illinois will find the advantage of a vehicle trade-in diminished.

    A new law, titled   read more >

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  • Thursday, July 18, 2019
    Latest Chicago pension fund reports lay out frail conditions
    Chicago (16) , Pensions (70)

    Warnings about the weak health and liquidity risks of Chicago’s pension system abound in the funds 2018 financial reports.

    The net pension liabilities of the four city pension funds grew to a collective $30.1 billion in 2018 from $28 billion in 2017. The funds all recorded negative investment earnings after double-digit returns in 2017.

    The city has increased contributions...   read more >

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  • Thursday, July 18, 2019
    Planned Parenthood of Illinois facilities remain open after court ruling
    Abortion (1) , Medicaid, Managed Care Skillicorn, Allen--State House, 66
    Planned Parenthood of Illinois isn’t getting any more federal tax money, but it has received millions of tax dollars from Illinois in the past decade.

    A federal appeals court last month upheld President Donald Trump's new rule prohibiting federal dollars from going to family planning centers that promote abortion.

    Planned Parenthood of Illinois President and CEO Jennifer Welch sa...   read more >

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  • Thursday, July 18, 2019
    St Treasurer Michael Frerichs
    State Fair, Fairs , Treasurer (92)
    The Treasurer previews the State Fair auction of unclaimed property. http://www.sportsradio1450.com/podcast-am-springfield/ ...   read more >
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  • Thursday, July 18, 2019
    SIU still months from new funding formula, may still give SIUE greater share of new money
    Education--Higher (37)
    SPRINGFIELD — The Southern Illinois University Board of Trustees has received the results of a study commissioned to reassess the distribution of state funds between SIU Carbondale and SIU Edwardsville.

    But it did not get the clarity ...   read more >

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  • Thursday, July 18, 2019
    FBI tracks Michael Madigan in Chicago’s great tiger hunt

    In all the heat and excitement over the capture of a little bitty gator in a park lagoon, many of you have been distracted from the most dramatic hunt of all:

     

    Chicago’s great tiger hunt.

     

    But this tiger has cold blue eyes and eats apple slices for lunch.

     

    In old India, even in oppressive heat and humidity, the British wore...   read more >

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  • Thursday, July 18, 2019
    First a downstate Goodwill announced it would stop paying many disabled workers. Facing outrage, the local nonprofit rescinded the decision and apologized.
    Disabled (47)

    Illinois lawmakers expressed outrage after a downstate branch of Goodwill Industries announced plans to stop paying many of the nonprofit’s disabled employees, citing expected rising payroll costs due to the pending state minimum wage increase.

     

    Yet after much backlash on social media, Land of Lincoln Goodwill Industries in Springfield on Wednesday reversed its decis...   read more >

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  • Thursday, July 18, 2019
    Infrastructure vote shows state serious about the future

    Policymakers in Springfield sent a strong positive signal this spring with the passage of a historic infrastructure investment program that will begin to stabilize the state's economic base and improve the quality of life for all Illinoisans. As the Chief Executive Officer of an Engineering News Record Top 500 engineering and design firm and a local resident, I have experienced firsthand the di...   read more >

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  • Thursday, July 18, 2019
    What The Decisions Of Illinois Goodwill Say About Overall View On Disabled Workers
    Disabled (47) , Minorities (66)
    The state of Illinois is to raise its minimum wage from $8.25 to $9.25 by January of 2020, $10 by the next July, and then a dollar more each year until it reaches $15 by 2020. Although this seems to be a step in the right direction for workers’ equality, a certain population is going to take a fall because of it: employees with disabilities.

    Specifically, the President and CEO of ...
      read more >
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  • Thursday, July 18, 2019
    Freeport to be added to Abraham Lincoln National Heritage area
    Abraham Lincoln, Presidential Library and Museum (50) , Congress (22) , Historic Preservation, historic sites (50) , Tourism (90)
    FREEPORT — In the near future, travelers east and west of Freeport on U.S. Highway 20 will realize they are entering the Abraham Lincoln National Heritage Area. With Freeport steeped in the history of the famous Lincoln-Stephen A. Douglas debates of 1858, the city has been a travel destination that has attracted national media coverage over the years. Under legislation enacted by Congress and si...   read more >
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  • Thursday, July 18, 2019
    Racing board falls short
    Gambling, Gaming , Racing, racetracks (76)

     The Illinois Racing Board hasn’t kept proper track of either money or drugs at horse racing courses, according to a report by the state auditor general.

     

    The report released last month came after lawmakers approved a landmark expansion of gambling that could boost the racing board’s workload by increasing the number of races at tracks that want casino-sty...   read more >

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  • Thursday, July 18, 2019
    KIDS survey should be launching pad for change
    Education--Elementary and Secondary (36)
    The headlines were alarming – a study showing that three-quarters of Illinois students aren’t ready for kindergarten when they get there.
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