Quantcast
728 x 90
728 x 90
728 x 90
728 x 90
728 x 90

Reining in the Tax-Gobbling Menace

Rahm Emanuel, the newly elected fiscally conservative mayor of Chicago, wants to “overhaul” that city’s tax-increment financing program, which he says “morphed from a tool for blighted economic communities into an all-purpose vehicle.” TIF was first used in Chicago by Mayor Harold Washington in the 1980s, whose goal was to help blighted neighborhoods. Critics say […]