//
archives

Celeste Meiffren

Celeste Meiffren is Illinois PIRG's Field Director. You can contact her at celeste@illinoispirg.org
Celeste Meiffren has written 36 posts for Tax Dollars and Sense

Moving Day!

Tax Dollars and Sense has moved to Illinois PIRG’s website. You can now read and subscribe to the blog at http://illinoispirg.org/blogs/ilp/tax-dollars-sense.   Advertisements

What could go wrong?

Today, the Chicago City Council voted 41-5 to give Mayor Emanuel more authority to enter into contracts for goods, work and services with respect to the G8 and NATO summits this Spring. They did this so he could enter the City into contracts without having to go through that old, pesky bidding process. Certainly, as … Continue reading

Case Study: Republic Windows and Doors

Every week, Tax Dollars and Sense offers a case study to analyze the problems with TIF. This week we will look at the Republic Windows and Doors project within the Goose Island TIF District. Tax-increment financing provides potentially lucrative subsidies that benefit developers. In return for the benefits they receive, developers should commit to delivering … Continue reading

Case study: The Central Loop TIF District

Every week, Tax Dollars and Sense will offer a case study to analyze the problems with TIF. This series will start with the most famous TIF district– the Central Loop. The Central Loop TIF District was created in 1984 at the request of Mayor Harold Washington, who was worried that the shoppers were developing negative … Continue reading

Recommended Resolutions for Rahm in 2012

We all know that 2011 has been a huge year for Chicago’s new mayor. He won an election, created task forces, passed his first budget, and put tons of information online (among other things). But despite all of the check marks on his giant checklist, his work is far from over. Here are some recommendations … Continue reading

Burned by Sears?

Illinois lawmakers are up in arms about Sears’ announcement to close 120 Sears and Kmart stores nationally. It’s hard to see a company that Illinois taxpayers just gave $150 million in tax breaks start laying people off and closing stores. That being said, Sears is not actually breaking the agreement that it has with the … Continue reading

Job creation

Last week, the Chicago Community Development Commission approved a tax increment financing project that will “create” 500-650 permanent jobs lasting ten years by relocating Sara Lee’s meat division, MeatCo’s headquarters. The project is going to cost Chicago taxpayers up to $6.5 million dollars. The proposed contract stipulates that MeatCo will receive $1 million every year … Continue reading

Money for Something

The following is a joint press release from Illinois PIRG and Good Jobs First States are spending billions of dollars per year on corporate tax credits, cash grants and other economic development subsidies that often require little if any job creation and lack wage and benefit standards covering workers at subsidized companies. These are the … Continue reading

Progress report: TIF reform

It has been over 90 days (93 to be exact) since Mayor Emanuel’s TIF Task Force released their recommendations on how to reform the broken system of economic development. And when they did, the Mayor said that he planned to fully implement them. So, how much progress has been made so far? Very little. Chicago’s … Continue reading

$100 million tax break

Today, the Illinois Legislature will most likely pass Senate Bill 397 and approve a tax break for the Chicago Mercantile Exchange (CME) and the Chicago Board of Exchange (CBOE) to the tune of $100 million a year. (For more about exactly how the bill works, go here). This bill is moving after a year of … Continue reading