Despite the $700 million budget deficit Chicago Public Schools is facing, fourteen Chicago public school teachers went on an all-expense paid trip to a Las Vegas resort and spa for a conference last year.
Illinois lawmakers are proposing legislation that would create new state agencies and give out tax credits to certain groups.
Excess red tape hurts business. Where superfluous laws and regulations prevail, businesses and individuals lose out.
Excess red tape hurts business. Where superfluous laws and regulations prevail, businesses and individuals lose out.
What can the United States learn from Sweden?
Cost of tax hike equivalent to average Illinois paycheck gone.
Family budgets are on the line. The average Illinois household faces an increase of nearly $1,500 in its state income tax bill. A head cook and an office worker with two kids, earning a combined $80,000, will pay an additional $1,527 in state income taxes thanks to the tax hike – on top of the $2,160...
The projections below are based on a 66% increase to the income tax – a hike from 3 to 5 percent – with the standard $2,000 per person deduction. For more information and research on this proposed tax increase see What Governor Quinn’s Income Tax Hike Means to You. How did we calculate the figures? We...
The Problem Illinois families should be wary of plans to hike taxes at the state level that would all but wipe out the benefits of the bipartisan tax compromise between President Barack Obama and Congressional Republicans. In federal legislation that extended the Bush-era tax cuts, and also included a payroll tax cut, a four-member family...
Institute CEO, John Tillman, on First Business discussing the pension funding shortfalls in Illinois and across the U.S., and answering the question of whether a federal bailout for Illinois is near.
Government entities make up ____ of the top ten employers in Chicago?
The Illinois Policy Institute is featured in a story on the elimination of pensions for Illinois legislators.
Illinois Policy Institute study cited in an article on migration of Illinois residents to Indiana.
The Illinois Policy Institute's call to repeal the 66 percent tax increase is featured in an article on state pensions and the tax hike.