Week of July 26, 2017 Vol 53 • No 16 •
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Weekly
WEEKLY INSPIRATIONS FROM REV. DR. DERRICK B. WELLS, SENIOR MINISTER OF CHRIST UNIVERSAL TEMPLE +P6
Chatham Southeast
Audit Bureau of Circulation ABC AUDITED
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HOW WILL ILLINOIS’ $5 BILLION TAX HIKE AFFECT YOU? By Christopher Shuttlesworth
Katherine Cao (pictured left), Esther Povh (pictured second left), Sam Owusu (center), Andres Lagunas (pictured second right), and Andria Ellis (pictured right), were all selected out of 4,000 nationwide applicants to participate in the 2017 Chicago Bank of America Student Leaders program. The students also attended the 2017 Student Leaders Summit in Washington D.C. on July 9-14. Photo Credit: Bank of America
BANK OF AMERICA STUDENT LEADERS PROGRAM
By Christopher Shuttlesworth
Two Auburn Gresham residents, Andria Ellis and Sam Owusu were selected along with three other Chicago teens to be a part of the 2017 Bank of America Student Leaders program this summer. The program awarded 220 community-minded students across the nation to participate in a paid, eightweek summer internship at a local nonprofit in their respective cities. Ellis and Owusu interned at the Louis L. Valentine Boys & Girls Club of Chicago.
“We do a variety of workshops that hone in on the student’s community mindfulness, civil mindfulness, volunteering efforts and expose them to several speakers in the business sector, non-profit sector and government sector,” Julie Chavez, the Chicago market manager at Bank of America.” Ellis said working at the Louis L. Valentine Boys & Girls Club of Chicago helped her become more sociable
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Feature
Business
The Illinois Policy Institute has created a tax hike calculator which determines how the new $5 billion tax hike will affect a family’s paycheck. The calculator was created by the Institute after Illinois lawmakers passed a new state budget. Craig Lesner, who is the Budget and Tax Research Director at the Illinois Policy Institute, said in order to use the tax hike calculator, taxpayers can go to the Illinois Policy Institute’s website and input certain data including whether they file taxes as a married couple, a single individual or a widow. Taxpayers also include their yearly income and the number of children in the family. By inputting the data, the calculator can determine a person’s tax liability. The calculator also compares the old and new tax rate and how it affects the person’s income. “The Illinois median family makes $59,000 so in that particular case, you would use the old tax rate and compare it to
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