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Policymakers must focus on reducing property taxes in 2022

Property taxes are a huge burden on Illinois residents and small businesses. Politicians on both sides of the aisle understand they are oppressive and drive people out of Illinois. Politicians throughout the state, and all levels of government, acknowledge that solutions must be put forth and moved forward to stabilize property taxes.

 

In his Daily Herald Business Ledger column, SBAC President Elliot Richardson details why policymakers should prioritize issues surrounding property taxes in order to keep people in Illinois and improve our economy.

Insights Archive

The Debate Over The Chicago Real Estate Transfer Tax

By emma@sbacil.org | February 5, 2024

Download pdf here SBAC INSIGHTS PAGE Register for the SBAC Informational Webinar: The Chicago Real Estate Transfer Tax HERE. The Debate Over The Chicago Real Estate Transfer Tax Chicago is a tremendous city with a proud tradition. Our great city, however, faces multiple challenges, including persistent economic headwinds and an increase in homelessness. Economic development…

Small Business Grants in Illinois

By patti@sbacil.org | January 30, 2024

Financial Growth Opportunities Running a business is hard and small business owners often do not have time to navigate grants, tax credits, and other funding opportunities. We are excited to help. While we cannot cover everything, we will do our best to keep you current on economic incentives that may be available for your business…

The Launch of the Chamber Relief Grant Program!

By emma@sbacil.org | January 16, 2024

SBAC INSIGHTS PAGE We’re thrilled to announce the official launch of the Chamber Relief Grant Program by the Illinois Department of Commerce and Economic Opportunity (DCEO). The program aims to provide vital support to chambers of commerce dedicated to uplifting small businesses and local communities. DCEO announced the launch of the chamber relief grant program, along with opening…

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