Howard Schultz leaves Seattle as local lawmakers mull millionaire tax
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
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Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
This is due in part to the new "Big Beautiful Bill" and job cuts at the Internal Revenue Service.
Tara Molina reports on how the "Big Beautiful Bill" and job cuts at the Internal Revenue Service may impact when taxpayers will receive their refund.
A Circuit Court judge ruled that Cook County misspent millions of dollars in funding for transportation.
This year, there will be some changes because of President Trump's "big, beautiful bill, “including no tax on tips or overtime, a deduction on interest paid for some car loans, and a higher standard of deduction.
President Trump’s so-called “One Big Beautiful Bill” that ushered in a handful of changes.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
The city of Chicago is expanding the existing $1.50 rideshare tax from a focused area around downtown to include much wider swaths of the North, West and South Sides.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
Homeowner and Army veteran Kaliff Chilembwe's property tax bill has seen an increase of 118%.
An Army veteran from a family of veterans, Kaliff Chilembwe always dreamed of buying a home, and eight years ago, that dream came true. That dream later turned into a nightmare after opening his property tax bill.
Planned Parenthood of Wisconsin has resumed offering abortions after a nearly monthlong pause due to federal Medicaid funding cuts in President Donald Trump's tax and spending bill that took effect at the beginning of October.
The Chicago City Council begins their hearings on Mayor Brandon Johnson's 2026 budget proposal Tuesday.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
Big changes are coming this tax season, with the new "no tax on tips" rule created by the Trump Administration's spending plan, and following the delays with the IRS electronic payment system earlier this year, taxpayers might want to start preparing now.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
The Aurora City Council will consider doubling the hotel occupancy tax at their meeting Tuesday.
The village of Arlington Heights, Illinois is considering a proposal to start taxing internet streaming services.
Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature have reached a deal on a new two-year budget.
Several new Illinois laws and tax increases take effect on July 1, 2025, including new rules for single-use plastics, a tipped minimum wage increase, and taxes on sports bets, vaping and gas.
A tipped minimum wage increase in Chicago, and higher state taxes on vaping and tobacco products also go into effect July 1. Political Reporter Chris Tye reports.
There are several other big changes kicking in on July 1 — including hikes in the minimum wage for both regular and tipped workers in Chicago. Political Reporter Chris Tye reports.
Right now, it is not exactly clear how the tax will be passed onto the consumer. But vaping products and popular Zyn pouches will now be subject to a 45% tax — up from 15%.
Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved.
No. 3 Michigan beat Nick Boyd and No. 23 Wisconsin 68-65 on Saturday to advance to the Big Ten Tournament championship.
Purdue beat short-handed UCLA 73-66 on Saturday to advance to the Big Ten Tournament championship game.
Police said the mother and daughter were last seen at the daycare on Friday. Anyone with information on their whereabouts is asked to contact the police.
Chicagoans and visitors from California and Tennessee came to be part of this famous Chicago tradition.
The ages of the victims range from 16 to 39, according to Chicago police.
TSA officers faced their first full missed paycheck Friday.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
A key City Council committee on Friday backed a $27 million settlement with the family of a mother of six killed in a crash during a high-speed police chase in 2017.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Caine briefed on Operation Epic Fury in Iran Friday.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
For Cook County residents hoping to lower their property tax bills, applications are open for exemptions.
Officials in the north Chicago suburb of Wilmette issued a warning Tuesday about scammers who are impersonating representatives of village departments.
The war with Iran is causing gas prices to surge, with motorists in Chicago and around the country guaranteed to feel the impact at the pump Monday morning.
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to roll back its civil rights code last year.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
When a doctor was told there was no cure for his daughter's condition, he was motivated to transform not only her health, but the lives of thousands of others.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
Despite a rash of restaurant closures, veterans of the plant-based food business pushed back against prophecies of doom — and in one case argued that such closures notwithstanding, plant-based eating is only growing.
Two popular Chicago craft breweries – Half Acre Beer Co. and Maplewood Brewery & Distillery – announced on Tuesday they are merging to create a new "premier Chicago beverage company."
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
Capital One is laying off more than 1,100 workers at the former Discover headquarters in north suburban Riverwoods.
A new development at the southeast corner of Chicago's East Lakeview community would clear away a medical office building and replace it with a residential high-rise.
Comedy power couple Nick Offerman and Megan Mullally are starring in the Goodman Theatre's new musical coming this summer.
A play inspired by the story of Emmett Till has now been extended twice past its initial run at Collaboraction Theatre in Humboldt Park.
Jennifer Runyon, a Chicago native who became famous as an actress appearing in "Ghostbusters" and "Charles in Charge," died last week.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
A 34-year-old man was in an alleyway when he was shot multiple times in the body, according to Chicago.
The severe threat increases late afternoon into the evening. Meteorologist Mary Kay Kleist is tracking the latest.
This comes as the president says the Navy will "soon" escort tankers through the Strait of Hormuz, a critical waterway through which a fifth of the world's oil flows, adding that many countries would help secure the waterway in coordination with the U.S.
The annual event left the river as green as far as the eye could see.
The event featured music, dancing, and art for all ages.
Chicagoans and visitors from California and Tennessee came to be part of this famous Chicago tradition.
Another round of storms are expected to hit the Chicago area on Sunday.
Police said the mother and daughter were last seen at the daycare on Friday. Anyone with information on their whereabouts is asked to contact the police.
Chicago has a weekend full of St. Patrick's Day parades and citywide celebrations. Here's what you need to know.
The ages of the victims range from 16 to 39, according to Chicago police.
Attorneys for the family of a woman killed in a crash during a high-speed police chase in 2017 say officers involved failed to activate their body cameras or turned them off during the pursuit.
A new specialized unit is being created to prosecute domestic violence homicides in Cook County, as these killings surged 15% last year, even as overall violent crime declined across Chicago.
After a year of water bill complaints in Lisle, Illinois, the village board is officially moving forward with a plan to review those issues and possibly have the village take over for the private utility that supplies water to part of the village.
Two separate child abuse cases in Lake County, Illinois, are prompting questions about the roles schools play in identifying warning signs and alerting authorities.
A Chicago senior citizen said his phone has been ringing off the hook with hundreds of unwanted spam calls that have made his beloved landline virtually unusable. New efforts in Springfield could bring real relief.
No. 3 Michigan beat Nick Boyd and No. 23 Wisconsin 68-65 on Saturday to advance to the Big Ten Tournament championship.
Purdue beat short-handed UCLA 73-66 on Saturday to advance to the Big Ten Tournament championship game.
Connor Bedard scored off a rebound off a post at 3:57 of overtime to give the Chicago Blackhawks a 3-2 victory over the Utah Mammoth on Thursday night.
Bears general manager Ryan Poles said there was a common theme to the free agents they are bringing in this offseason, saying the team "wanted to get faster, more explosive" with guys that are "passionate about football."
Northwestern now has a seven-game winning streak against the Hoosiers.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
A new specialized unit is being created to prosecute domestic violence homicides in Cook County, as these killings surged 15% last year, even as overall violent crime declined across Chicago.
A man was shot and killed on the street in the midday hours Wednesday in Chicago's West Garfield Park neighborhood.
Park rangers cited the four visitors, all from Illinois, for collecting and defacing park resources.
A woman has been charged in a road rage shooting that left someone injured this past weekend on the Dan Ryan Expressway.
