After several hours of debate, the city council voted 6-3 to raise the sales tax from 8 percent to 8.5 percent to repay an $86.6 million, 15-year bond issue to finance the three-year infrastructure program.
Illinois Policy Institute, in partnership with the Union League Club of Chicago and its Public Affairs Committee, is hosting the Digital Learning Symposium in Chicago.
If you can't beat them, join them.
Forty-four years ago this week, Illinois began collecting a state income tax.
Early last week, members of the Illinois House Education Committee voted to allow an amendment to House Bill 494, which aims to establish a three-year moratorium on virtual schools in Illinois, to go to the House floor.
291 days and counting...
The good news: today state Rep. David McSweeney, R-Barrington Hills, introduced a measure that opposes efforts to pass the next multibillion dollar tax hike in Illinois a progressive income tax.
The 67 percent tax hike on individuals and the 46 percent tax hike on corporations were supposed to pay down the states unpaid bills, but instead 80 cents out of every tax hike dollar went to fund state worker pensions in 2012.
PRESS RELEASE from the ILLINOIS POLICY INSTITUTE MEDIA CONTACT: Diana Rickert diana@IllinoisPolicy.org or (312) 607-4977 Illinois Policy Institute applauds House Resolution opposing graduated income tax Implementing a “graduated” or “progressive” tax structure in Illinois would mean tax hikes for middle class Illinoisans SPRINGFIELD (April 15, 2013) Across the state, tax hike advocates are laying...
As we try to evaluate the deal that Gov. Pat Quinn reached with state employees, we have plenty of reasons to be skeptical about Quinns claim that health care changes in the contract will save the state $900 million
If there was any confusion over whether the income tax burden is progressive or regressive in the United States, a recent report by the Tax Foundation, Putting a Face on Americans Tax Returns, clears things up.
Making sure we identify poor teachers and have them exit the teaching profession should be of the utmost importance. This is because teachers, by far, have the single biggest impact on student success.
There is precedent for fratricide between unions and their progressive allies, and the aftermath of a labor-versus-the-left donnybrook could very well create an opportunity for a free market oriented reformer.
Counties across Illinois reject school facility sales tax hikes.