At Issue: Sharon Fairley Against Taxing Retirement Income To Balance State BudgetDemocratic Attorney General candidate is taking a dim view of a suggestion that Illinois consider taxing retirement benefits to help balance the budget.
Sugary Beverage Tax Pops This WeekendAt least for Cook County consumers of sweetened drinks. CBS 2's Jim Williams talks with a local businessperson about the extra work to collect the cash.
Study Shows Chicago Plastic Bag Usage Has Dropped Since Bag TaxMayor Rahm Emanuel announced Monday that Chicagoans significantly reduced the average number of disposable bags used per shopping trip.
Cook County Wins Slot Machine Tax Fight With Rivers CasinoThe owners of the Rivers Casino in Des Plaines have lost a three-year court battle with Cook County, over a slot machine tax approved by the Cook County Board.
Health Experts Back E-Cigarette Tax PlanMayor Rahm Emanuel has backed a new tax on electronic cigarettes as part of his 2016 budget plan. Standing with health professionals and others at City Hall on Thursday, Ald. Proco Joe Moreno (1st) applauded the measure as well.
Aldermen Consider Sugary Drink Tax At Public HearingAt least one alderman has called it a sweet idea -- a penny-an-ounce tax on sugary drinks -- but it's left a bad taste in the mouths of Chicago restaurants and retailers. The issue was up for debate at City Hall on Wednesday.
Federal Judge OK's Residency Plan For Mel Reynolds During Legal ProceedingsAs he faces tax charges, the former congressman has no home and had to scramble to find housing that met restrictions on him because of a 1995 statutory-rape conviction.
3 Mistakes To Avoid On Your 2014 Tax ReturnIf you haven't already begun, now's the time to prepare for filing your 2014 tax returns.
Protesters Slam Walgreens For Considering Swiss Tax ShelterWalgreens recently merged with a foreign company, which allows it to take advantage of a tax loophole and move -- on paper. CBS 2's Dorothy Tucker reports.
Illinois Speaker Proposes Education Tax On MillionairesPowerful Democrat Michael Madigan announced the idea just as one of the nation's most competitive governor races is heating up between Republican Bruce Rauner, a wealthy private-equity investor, and Democratic Gov. Pat Quinn.
Emanuel, Other Mayors Support Safety Fee On Hazardous Rail ShipmentsRahm Emanuel often brags about Chicago being a major rail hub. But at the same time, he's talking about increasing the railroads' cost of passing through Chicago. CBS 2 Chief Correspondent Jay Levine reports.
Wilmette To Study Tax Assistance For Low-Income ResidentsThe Wilmette village board is expected Tuesday night to set up an ad-hoc committee to study ways to continue providing rental, mortgage and property tax assistance to low-income residents of the North Shore suburb.
Proposed Cigarette Tax Would Give City Highest Rate In NationMayor Rahm Emanuel wants to raise the cigarette tax by 75 cents a pack — leaving Chicago with a combined state and local tax rate of $7.42 a pack, the highest in the nation, City Hall sources said Friday.
Pick-A-Side: Who Is Your Favorite Celebrity Tax Dodger?
Aldermen Back Plan To Adjust Parking Garage Tax RatesWBBM Newsradio Political Editor Craig Dellimore reports the higher taxes would mean some motorists would pay more to park at Chicago garages, while some would end up paying less.