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Rahm Emanuel

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holiday shopping Christmas shopping sales tax taxation

Business & Lifestyle

OP-ED: Holiday shopping and the sales tax Scrooge

The average American will spend around $800 on gifts this Christmas. But making those holiday buys in Illinois will leave many families wishing they could get more bang for their buck. Illinois passed its first state sales tax – 2 percent on all retail goods – all the way back in 1933. It not only replaced revenue that came from the old statewide property tax, but brought in a lot of new money as well. Fast forward to today: Illinois’ […]

todayDecember 16, 2018 3

Business & Lifestyle

Ethics probe triggers resignation of Chicago schools chief

CHICAGO (Heartland Newsfeed) -- Forrest Claypool, chief executive of Chicago Public Schools, recently resigned following the release of a damning report filed by the district's office of the inspector general. The report, cited in a recent Chicago Tribune story, concluded that Claypool and the district's general counsel Ronald Marmer blatantly violated the district's code of ethics by improperly utilizing "contract management authority," citing work that was done by Jenner Block. Jenner Block had a prior business relationship with Marmer and […]

todayDecember 19, 2017 2

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