The Obama administration’s public relations machine has been trumpeting the success of the Affordable Care Act, commonly referred to as ObamaCare, despite a mountain of evidence to the contrary. Enrollment has been anemic, the website is plagued with problems, and it is possible that there are now more people without insurance as a direct result...
Lawmakers and special-interest groups across Illinois are trying to dupe Illinoisans into paying higher income taxes. They’re trying to convince Illinoisans that a progressive income tax hike is only a tax hike on the rich. But that couldn’t be further from the truth. Need proof? Look at both progressive tax proposals on the table in...
The office of Governor Pat Quinn is claiming victory off a study released Thursday by CareerBuilder and Economic Modeling Specialists International. The study shows that Illinois ranked third-highest nationally in the creation of net new business establishments from 2009-2012. An establishment is defined as a single location that produces some form of economic activity, and...
Imagine creating a new solution, devising an innovative new product, providing an effective service or simply doing something well enough that you can build a business. Your dream has come true, and you’re ready to start out on your own. As a small-business owner, you want to utilize the advantages of the Limited Liability Company,...
Many of Illinois' local pension funds are nearing insolvency.
In a recent editorial, Better Government Association, or BGA, President Andy Shaw debates examines Illinois’ “obesity epidemic.” But bulging waistlines are not the target of Shaw’s ire. Instead, he complains about Illinois’ abundance of taxing bodies. “This is about a state that’s morbidly obese when it comes to government: Illinois has nearly 7,000 separate taxing...
On Wednesday, Gov. Pat Quinn gave his State of the State speech to the Illinois General Assembly and touted what he called a “five-year blueprint” to create more jobs, deliver stronger education and build an economy that works for everyone. With such a lofty promise, one would believe the five-year blueprint was full of landmark...
More than any other state, Illinois is a case study in why term limits for elected officials are needed. In Illinois, entrenched incumbents control campaign finance laws and gerrymander electoral districts to consolidate political power with legislative leaders. They also deprive Illinois citizens of the right to participate in meaningful, contested elections. Facts 1. Illinois...
Chloe Stirling, an 11-year old from Madison County, dreams of one day running her own bakery. Starting at such a young age, the sky is the limit for her baking dreams. And if state and local regulators have their way, that bakery will not be in Illinois. “Hey, Cupcake!” is Chloe’s first start at a...
The structure of a limited liability company, or LLC, offers great advantages for small businesses, such as allowing start-ups and small businesses to avoid the extra tax burdens of corporations. At the same time, the LLC structure protects the owners from the excessive liability of sole proprietorships and partnerships. In Illinois, the LLC is burdened...
JOBS AND GROWTH Illinois has the third-highest unemployment rate in the nation More than 1 million Illinoisans are unemployed or underemployed Illinois is projected to be dead last in jobs growth in 2014 78,713 Illinoisans have given up and left the workforce since Dec. 2012 Illinois paid out $266M in improper unemployment insurance payments Illinois...
While we can expect President Barack Obama to claim success for his signature legislation, commonly referred to as ObamaCare, a growing share of Americans understand the reality of the health-care overhaul. According to a recent Reason/Rupe poll, the majority of Americans would like to return to the pre-ObamaCare health care system, despite all of its...
The state ended 2013 – a year of dismal employment – with an even worse December. Illinois moved from having the fourth-worst unemployment rate in November to the third-worst in December, falling behind Michigan. Only Nevada and Rhode Island remain worse. The unemployment rate in Illinois fell to 8.6 percent from 8.7 percent, while the...
It’s never too late to help a struggling student. An amazing new study conducted by the University of Chicago’s Urban Education Lab shows that intense tutoring combined with group behavioral counseling can help high school students with weak math skills, chronic truancy and disciplinary problems improve their performance. The study showed impressive gains. In fact,...