Late last night, the legislature passed personal and corporate income tax increases. Check out what Mayor Daley has to say about it.
Governors Scott Walker from Wisconsin and Mitch Daniels of Indiana are enthusiastic while Illinois reels from the tax hysteria that hit the state this morning.
The economy is bad and the states fiscal situation is worse. Lawmakers wouldnt have raised taxes unless they needed to, right? Wrong.
On the same day the General Assembly abolished the death penalty, lawmakers also implemented the death penalty on Illinoiss economy and taxpayers by passing a 67 percent income tax hike in the face of overwhelming public opposition.
Migration between the U.S. states is the ultimate expression of voting with your feet. People move for many reasons, but, when examined en masse, its clear that public policy significantly influences where people choose to live.
With an influx of new state officers this month, four states may soon be joining the multi-state lawsuit challenging the constitutionality of ObamaCare.
At Tuesdays funeral for fallen Chicago Firefighter Edward Stringer, mourners heard from a number of people who praised his work on behalf of the city, but it was some of the words from the fire department’s chaplain that had people talking afterward. Father Thomas Mulcrone made specific mention of the debate over the rising cost...
The projections for a 66 increase to the income tax a hike from 3 to 5 percent with the standard $2,000 per person deduction.
The City of Chicago kept 17 employees on the payroll after their convictions in public corruption cases, at a cost of $681,195 to the taxpayers.
The latest developments from Springfield on the income tax hike proposal.
The Institute's Snow Squad gives the city of Chicago an A on main roads and an F on its response to side roads during today's winter storm.
See where the Institute has been featured in the news regarding the proposed income tax hike.
Springfield businessmen say the proposed $1-per-pack tax increase on cigarettes constitutes an unfair tax on the poor.
$500. $720. $1,000. These may seem like small sums compared to your total salary, but the amount a Quinn/Cullerton/Madigan tax hike will carve into your discretionary income is painfully revealing.