| Sep 24, 2012
| 6:46 AM
Mitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture.
Republicans urging further release hoped additional documents would put the issue of what Romney...
| Sep 21, 2012
| 11:22 AM
Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1 percent, his campaign said Friday.
His effective tax rate was up slightly from the 13.9 percent rate he paid in 2010.
| Oct 24, 2011
| 1:03 PM
Republican White House contender Herman Cain, his candidacy under increased scrutiny and heightened criticism as he has moved to the top of some national polls, said today his willingness to admit mistakes is a presidential quality.
“The thing that...
| Jan 12, 2012
| 2:25 PM
It’s been one year since Democratic Gov. Pat Quinn signed off on a 67 percent income tax rate increase and Republican legislative leaders didn’t let the milestone pass in silence, gathering Thursday to warn that the temporary hike will...
| Feb 15, 2012
| 10:05 AM
Mayor Rahm Emanuel today gave an impassioned defense of the city’s effort to intercept millions in state income tax refunds from people across Illinois who owe City Hall money.
The speech came after the City Council approved the plan 41-8.
| Jan 13, 2011
| 6:51 AM
While most Illinois taxpayers were asleep early Wednesday, their wallets and bank accounts were being lightened by Illinois lawmakers desperate for more revenue to ease a crushing state financial crisis.
The morning-after reality was this: The state...
| Jul 15, 2011
While the political adage holds that to the winner go the spoils, under Democratic Gov. Pat Quinn, even some losers have done very well.
Take Dan Seals. He failed three times to win a North Shore congressional seat, and his tax returns showed he mostly...
| Apr 1, 2011
It's annual-meeting season, which means shareholders are about to get their once-a-year look at the pay and goodies given to corporate top dogs as disclosed in company proxy statements.
The multimillion-dollar pay packages handed out this year will...
| Mar 7, 2011
| 4:33 PM
Clout Street reports: Illinois Senate President John Cullerton today suggested the state should start taxing the retirement income of senior citizens who are able to afford it. The state does not currently tax pensions or retirement funds such as 401(k).....
| Mar 15, 2011
| 4:35 PM
Republican from Mississippi tests the political waters across the Midwest and on the West Coast....
| Mar 22, 2011
| 4:32 PM
Last week, the Illinois Senate Republican caucus released "Facing Fiscal Reality --A plan for reality-based budgeting," a 21-page document that dealt in some detail with the cuts and other changes GOP lawmakers feel are necessary to get the state's...