Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Gov. J.B. Pritzker and Illinois lawmakers agree that when taxes are too high, not even a casino in the heart of Chicago can make money.
Passing the progressive tax would empower state lawmakers to go after seniors’ retirement income.
Illinois could be the next state to tax retirement income if voters approve the progressive income tax in November.
In more than half of progressive tax states, the middle class pays the maximum state income tax rate.
Census data shows who is fleeing Illinoisans and why. Here’s why you should care.
How fair is it that some of the highest-paid state employees in the nation are getting a raise that must be funded by an economically wounded bunch of taxpayers?
The city has suffered significant revenue losses as a result of COVID-19 restrictions. Pensions will further damage city services even as the pandemic fades.
Illinois Treasurer Michael Frerichs said a progressive state income tax will open the door to taxing retirement income.
Peoria’s financial problems grew critical from the coronavirus, but the long-term threat of pension debt will remain even after more severe cuts are made.
Illinois' credit rating is just one notch above junk, the lowest of any U.S. state.