Budget + Tax

Vallas: ‘Tax Illinois’ rich’ dogma is a dangerous delusion

Vallas: ‘Tax Illinois’ rich’ dogma is a dangerous delusion

Chicago Mayor Brandon Johnson likes to parrot platitudes about taxing the rich to fix the city, CTA and Chicago Public Schools finances. But all three made bad decisions and did not adjust to post-pandemic realities. And the rich can move away.

By Paul Vallas

Illinois lawmakers sue peers over last-minute, $55B budget vote

Illinois lawmakers sue peers over last-minute, $55B budget vote

A group of Illinois lawmakers is suing their peers over the last-minute rush to OK a $55 billion state budget few people had seen – just like they do every year. The lawsuit aims to block the budget before Gov. J.B. Pritzker signs it in to law.

By Dylan Sharkey

Here’s how Pritzker can stop bad bills out of Illinois General Assembly

Here’s how Pritzker can stop bad bills out of Illinois General Assembly

With the Illinois state legislative session ended, bills will start crossing the governor’s desk, some containing tax hikes, unaffordable spending and needless regulation. Here’s how Gov. J.B. Pritzker can stop these bad policies from becoming law.

By Joe Tabor

Illinois must stop budgeting in fantasyland

Illinois must stop budgeting in fantasyland

State leaders rely on budget gimmicks and short-term fixes and they assume speculative proposals will become law and operate exactly as planned just to balance the books, if only on paper. Transparent, laws-on-the-books-based modeling is the only path to long-term stability.

By Ravi Mishra