2016: Chicago’s year of the tax hike

By Joe Kaiser
To address the city’s worsening financial crises, Chicago politicians turned up the dial on their usual answer to budgetary woes: raising taxes.

State’s record-breaking budgets make Illinoisans poorer

By Ted Dabrowski
For each percentage point drop in the private sector’s share of the state economy, Illinois household incomes fall by over $3,000 on average. Unfortunately for Illinoisans, the private sector’s share of the Illinois economy has dwindled as government’s share – enabled through tax-funded spending – has risen to 25 percent.

TAGS: budget, household income, income tax, taxes