2.1 Million, 34% of Tax Filers in Illinois Pay No Federal Income Tax
2.1 Million, 34% of Tax Filers in Illinois Pay No Federal Income Tax
by Brian Costin An interesting study from the Tax Foundation released earlier this week showed that 34% of Illinois citizens who filed a tax return paid no taxes on their income, slightly below the national average of 36%. 2.1 Million out of the state’s 6.1 million filers were able to reduce their income tax liability to...
Institute in the Chicago Sun-Times: Stop Pension Borrowing Plan
Institute in the Chicago Sun-Times: Stop Pension Borrowing Plan
The lack of leadership from elected officials in our state reared its ugly head again this week. Illinois will likely be stuck with another unbalanced budget, thanks in large part to two retiring GOP legislators.
Illinois Policy Institute Statement on the Springfield Borrowing Plan
Illinois Policy Institute Statement on the Springfield Borrowing Plan
Illinois will likely be stuck with another unbalanced budget this year, thanks in large part to two retiring Republican legislators.
$750K to Peabody Investments Corp
$750K to Peabody Investments Corp
In fiscal year 2009, the Department of Commerce and Economic Opportunity gave Peabody Investments Corp a $750,000 Coal Competitiveness Program grant.
Think Tank Questions Role of Three Players in State Budget Debacle
Think Tank Questions Role of Three Players in State Budget Debacle
Illinois Policy Institute highlights votes of Reps. Black, Biggins and Miller on misguided budget policy.
Chicago to FOIA: Drop Dead.
Chicago to FOIA: Drop Dead.
Public officials in Chicago act like its their own money...
How ‘Bout Them Cuts?
How ‘Bout Them Cuts?
The Illinois House of Representatives fails to pass significant spending reforms.
$108K Grant to the Southern Recycling Center
$108K Grant to the Southern Recycling Center
In fiscal year 2009, the Department of Commerce and Economic Opportunity disbursed $108,000 of a $120,000 grant to the Southern Recycling Center.
Byrne on All Kids Audit
Byrne on All Kids Audit
Another botched Illinois government program.
Open Meetings and Sunshine Commission Update
Open Meetings and Sunshine Commission Update
Two pieces of important legislation sent to Governor today.
Private Sector Salaries Shrinking
Private Sector Salaries Shrinking
by Kate Piercy According to a USA TODAY analysis of government data, “paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year.” On the other hand, government-provided benefits, including Social Security and unemployment insurance, for example, rose to record high levels during the first three...
Almost $20 Million in Wages at the Illinois Commerce Commission
Almost $20 Million in Wages at the Illinois Commerce Commission
In 2008, 32 employees at the Illinois Commerce Commission made over $100,000 in wages alone.
Budget Battle Update: Borrow!
Budget Battle Update: Borrow!
The Illinois House of Representatives is considering plans to borrow our way out of the state's budget mess.
County Pay Raises during Tough Economic Times Send Taxpayers Wrong Message
County Pay Raises during Tough Economic Times Send Taxpayers Wrong Message
Illinois Policy Institute Calls on Rock Island board to rectify salary increase gaffe.