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.
Institute works with Metra to improve government transparency as a way to increase accountability and to deter public corruption.
Lawmakers have not earned the right to borrow billions more. They were unable to pay down the states massive backlog of bills with a $7 billion tax hike how does anyone think theyll be able to do it with $2.5 billion in borrowing?
Politicians on this side of the Atlantic, especially in Illinois, would do well to consider Margaret Thatchers example.
Corruption charges have rocked the city of Dixon once in the last year, but now a second scandal caused by a lack of online transparency has reared its ugly head.
For governments like the ones in Stockton and Illinois, government worker pension plans need ambitious investment returns of nearly 8 percent year in and year out to fund the overly generous benefits officials have handed out
The study, drawing upon data from more than 7,000 small business owners, provides new insights into state and local business environments across the nation.
The price of Illinois bad behavior continues to go up.