Evidence from Connecticut suggests the progressive income tax could cost Illinois homeowners substantial equity in their homes.View Report
The new speaker of the Illinois House of Representatives referred to state lawmakers’ statements of economic interest forms as confusing and a ‘worthless piece of document.’ They can be fixed.
Illinoisans pay a hidden pension tax. Eliminating that cost would free up resources to help Illinois recover from the COVID-19 recession while also raising the state’s long-term economic potential.
Illinois Gov. J.B. Pritzker plans another year of flat education spending. The reality is the cash reaching classrooms is dwindling as pensions and administration eat more.
Cook County’s first property tax payments are due March 2. In Chicago, property taxes have grown more than 3 times faster than inflation for 20 years.
Chicago’s mayor said speed cameras will enforce a lowered tolerance March 1 as a way to curb traffic fatalities. Critics see the $35 tickets as a money grab when residents are still reeling from the COVID-19 economic downturn.
Mike Madigan again controlled the choice of his replacement as state representative after his first pick resigned over ‘questionable conduct.’ This pick is a community activist who manages COVID-19 contact tracing.
Just more than three months after voters soundly rejected a progressive state income tax, new Illinois House Speaker Chris Welch is trying to revive the idea as a fix for state pensions. There is a better solution than the failed ‘fair tax’ scheme.
Unemployment claims bumped up for a second week in Illinois as Gov. J.B. Pritzker decided to push for 9 new taxes, mostly hitting businesses and job creation. Illinois ranked 49th for recovery last week.
An impending health care worker shortage argues for a bill that would allow Illinois to join a multi-state nursing license compact. Nurses could see improved job options.
The budget proposal includes no reforms to pensions or other cost drivers, misleadingly labels various business tax increases as ‘closing corporate tax loopholes,’ and relies on gimmicks that conceal true deficits. And there’s a new gas tax.