Illinois’ ‘temporary’ 2011 tax hike breaks household budgets
Illinois’ ‘temporary’ 2011 tax hike breaks household budgets
Illinois’ “temporary” 2011 tax hike made the state’s slow recovery even worse. The tax hikes hit at the worst possible time – right after household incomes had collapsed during the recession. Since the tax hikes, the monthly growth in the number of people working in Illinois has slowed down by 60 percent, while the monthly...
By illinoispolicy
Jacksonville tax dollars could be spent more wisely in teacher contract
Jacksonville tax dollars could be spent more wisely in teacher contract
The most recent Jacksonville District 117 teacher contract contains provisions that make the deal unaffordable for a struggling community with a poverty rate of 18 percent and incomes that are well below average for the state. The two-year agreement covered August 2012 to August 2014. Pay hikes: While the district managed to coax the Jacksonville...
By Paul Kersey
DCEO gives $25.6M to billion-dollar businesses
DCEO gives $25.6M to billion-dollar businesses
Illinoisans don’t need bureaucrats playing venture capitalist with their hard-earned money.
By Austin Berg
Kankakee County superintendents behaving badly
Kankakee County superintendents behaving badly
It’s perfectly legal for people working for local government to engage in politics on their own free time, but if they are using taxpayer resources or facilities for political campaigns it can be a criminal act. A Freedom of Information Act investigation conducted by the Illinois Policy Institute has revealed potentially illegal activities being conducted...
By Brian Costin, Shawn Tonge
States on the move: 401(k)-style pension reform in Michigan
States on the move: 401(k)-style pension reform in Michigan
Michigan was a trailblazer when it comes to 401(k)-style reform plans for government workers. In 1997, Michigan froze the state employees’ defined-benefit pension plan and created a self-managed 401(k)-style retirement plan for new state workers. It was the first state in the nation to enact bold reforms like these. Michigan state employees who started working...
By Benjamin VanMetre
2015 State Business Tax Climate Index: Illinois drops to 31st
2015 State Business Tax Climate Index: Illinois drops to 31st
Illinois’ burdensome tax climate for businesses will continue to hold the state back from creating jobs and growing the economy in 2015. The Tax Foundation issued its 2015 State Business Tax Climate Index, reporting that Illinois dropped two positions in the ranking since last year, to 31st from 29th. Prior to 2011, Illinois steadily ranked...
By Robert Steere
Outside money pours into communities to pass sales-tax hikes
Outside money pours into communities to pass sales-tax hikes
The public school district in Jacksonville, Illinois, is criticizing fellow Illinoisans for educating residents about a significant sales-tax increase proposal on the ballot – a tax increase that would drive up the cost of gas, clothes, prepared food, electronics and more. School district officials called the Illinois Policy Institute a “Chicago based” group, when we’re...
By illinoispolicy
The top three things McHenry County taxpayers need to know about ‘free’ ObamaCare money
The top three things McHenry County taxpayers need to know about ‘free’ ObamaCare money
The McHenry County Board recently took a brave stance by voting to reject “free” money for Affordable Care Act enrollment, but it’s unclear whether the board’s decision will stand. At issue is almost $585,000 in grant money that is being doled out by the state (but originated with the federal government) to the McHenry County...
By Naomi Lopez Bauman
Illinois food stamps hit 2014 high
Illinois food stamps hit 2014 high
More than one in five Illinois households are dependent on food stamps.
By Michael Lucci
Chicago cellphone taxes highest in nation
Chicago cellphone taxes highest in nation
Everywhere they look, Chicagoans see ads urging them to switch their cellphone service. One major provider urges customers to purchase a four-line family plan with all the texting, talking and data one could possibly use for only $100 per month. But the ad fails to mention that a Chicago family would actually have to pay...
By Robert Steere
Illinois’ true unemployment rate: 18.1 percent
Illinois’ true unemployment rate: 18.1 percent
The unemployment rate is a state’s most closely monitored indicator of economic health. The Illinois unemployment rate rose sharply through the Great Recession, and continues to fluctuate and trend downward as a result of both economic growth and a shrinking workforce. Illinois’ working-age adult population, from which the workforce is drawn, has grown by nearly...
By Michael Lucci
Manufacturing a comeback
Manufacturing a comeback
Illinois’ economy needs a real comeback to get the state back to work. To address what is needed for a sustainable recovery, policymakers should look at one of Illinois’ primary pain points: the manufacturing sector. The recession caused Illinois to lose 116,800 manufacturing jobs from January 2008-January 2010. After that, Illinois began a weak manufacturing...
By Michael Lucci