Mount Zion
Mount Zion, IL · Business
takingthekids.com
Inside This Illinois Bin Store, Prices Drop Every Day Until The Shelves Get Restocked
Every bin in this store gets cheaper each day the doors open, and the bottom price eventually lands near pocket change. That’s the whole game, so you show up, dig, and decide how long you can stand to wait. The boxes come mostly from Amazon and Target truckloads. That...
The Center Square
Analyst: Millionaires tax could hurt state competitiveness amid renewed push
(The Center Square) – As a push for a statewide millionaire tax is being renewed in Chicago ahead of state lawmakers’ fall veto session, one policy analyst says the proposal could impact more than just the state’s wealthiest residents. Earlier this month, more than 80% of voters in the city said they’d support a statewide 3% income tax on individuals who earn more than $1 million a year, which would go toward property tax relief and education funding. On Friday, six Chicago alderman called for a special council meeting to vote on an ordinance that would urge lawmakers to reconsider the tax during their fall veto session, which begins Tuesday. Tax Foundation Vice President of State Tax Policy Katherine Loughead told The Center Square the state’s 38th-place ranking nationally based on tax competitiveness could easily be lower if a millionaires tax were to be imposed. “That would be a pretty big blow to Illinois's index ranking because the flat tax is the one thing that is really helping Illinois stay above the bottom third of states overall,” Loughead said. “I know that folks in Rhode Island, for instance, are concerned. They recently adopted a millionaires tax similar to what Illinois