Press Room

Nearly 1.5 million Illinoisans at risk of layoffs or reduced work time due to COVID-19 pandemic

Illinois Policy Institute experts available to comment on potential economic fallout of businesses around the state

Cook County sees nation’s second-worst population decline of the decade

All Illinois-based metropolitan areas lost population for the second straight year

Recession triggered by COVID-19 could lead to $5.5 billion drop in tax revenue, $6.3 billion budget deficit

Analysis from the Illinois Policy Institute measures the costs of COVID-19 and recommends pain prevention

Illinois Forward: Common-sense alternatives to the “Fair Tax”

CHICAGO (Feb. 17, 2020) – Illinois could face a $3 billion budget deficit and $24.5 billion bill backlog by 2025 if Gov. J.B. Pritzker sticks with the status quo at Wednesday’s budget address. To end this perpetual fiscal crisis, the nonpartisan Illinois Policy Institute released solutions to balance the budget, stabilize the pension system, eliminate the bill...

Love hurts: Progressive income tax would hit more than 4 million Illinoisans with marriage penalty

Pritzker’s income tax rates would force 96% of Illinois couples to pay higher income taxes

Illinois saw slowest jobs growth since Blagojevich’s term

State of the State 2020: Illinois jobs grew at half the rate of the rest of the nation

Half of state pension recipients will become millionaires

Typical 30-year career workers in state retirement systems put just 5% toward the cost of their benefits and receive payouts significantly higher than the private sector

Residents moving out of Illinois took up to $12.4 million a day with them

New IRS data reveal the state loses twice as many high earners as it attracts