Of all Illinois’ taxes, its death tax is the most morbid. Only 15 states in the U.S. levy a tax on death, and Illinois has the second-highest rate. Death taxes include estate and inheritance taxes. They hit certain Illinois families hard. Farmers, investors and business owners often need substantial assets to generate a moderate income....
The House Energy and Commerce Committee wants answers. According to a June 3 letter from committee leaders to U.S. Department of Health and Human Services Secretary Kathleen Sebelius, lawmakers are seeking details on how and why several state-run health care exchanges have failed. They want to know why the administration awarded more than $1 billion...
Illinois politicians want to make things worse for the many Chicagoans struggling to find jobs and make ends meet. They’re calling for state, county and local tax hikes on the city that already has one of the worst metro area unemployment rates in the nation, according to the U.S. Bureau of Labor Statistics. Gov. Pat...
Should food producers be forced to label genetically modified, or GM, goods? It’s a trend that’s been popping up in states across the country, with laws now on the books in Maine and Connecticut. The possibility has been raised in Illinois, too, with a Senate bill under discussion that would require foods with even one...
According to the most recent Gallup survey, almost one-quarter of Americans believe that the Affordable Care Act, or ACA, has directly harmed them or their family. But that is only part of the story. A scant 14 percent believe that the law has helped them. These results might have important implications for bolstering political support...
Last October, the Illinois Supreme Court struck down the state’s “Amazon tax,” a state law that would have forced many online retailers to pay Illinois taxes regardless of whether they had any physical presence in the state. Now, despite this ruling, some legislators are trying to bring back this tax. The “Amazon tax” required Amazon...
In a step toward meaningful pension reform, Oklahoma Gov. Mary Fallin signed legislation that ends the state’s traditional pension retirement system for newly hired state employees in favor of a 401(k)-style retirement plan. Teachers and state workers designated “hazardous duty” including firefighters and law enforcement officers are exempt. And the legislation does not change the...
Perhaps there is good reason that Illinoisans don’t place much confidence and trust in their elected officials. A nonbinding resolution that would have called for oversight of federal ObamaCare Navigator funds being spent by the state couldn’t muster enough support to make it out of committee this month. State Rep. Darlene Senger’s resolution, House Resolution...
The U.S. Department of Veterans Affairs, or VA, is coming under fire for providing poor care to veterans who rely on it. Wait lists for essential medical procedures have extended for months, and veterans of the armed forces have lost their lives as a result. Administrators at VA hospitals have made matters worse by faking...
A key portion of the Institute’s 10-Point Transparency Checklist, the posting of audits online, has made its way through the Illinois General Assembly. House Bill 5503 passed both Illinois House and Senate unanimously, and now awaits the governor’s signature. If signed into law by the governor, HB 5503, introduced by state Rep. Tom Demmer, R-Dixon,...
Illinois’ metropolitan statistical areas are a long way from jobs recovery, according to data from the Bureau of Labor Statistics. The release shows that Danville, Decatur and Rockford are still plagued with double-digit joblessness. All 10 of Illinois’ metro areas have jobless rates above the national average. Despite economic improvement and jobless rates falling nationally,...
Rather than push for true Medicaid reform that might ensure patient access to high quality care and protect taxpayer dollars, Gov. Pat Quinn is about to sign legislation that will further prop up this failing system. As evidence of just how dysfunctional the system is, Auditor General William Holland reported that the state paid $12 million for dead...
On May 14, one day before the official start of Chicago Craft Beer Week, the Illinois Liquor Control Commission, or ILCC, proposed a harsh new cap on the amount of beer Illinois’ brew pubs would be allowed to sell. Under the proposed rules, a brew pub would not be allowed to sell more than 50,000...
There’s nothing like summer in Chicago – after months of winter weather, the city awakens and becomes a haven for residents and tourists alike. But travelers who come to the city take in its splendor at a high price, on top of what they pay for hotel rooms, dinner and entertainment. Out-of-towners shell out more...