Illinois is losing its core income tax base
Illinois is losing its core income tax base
High-income earners provide the majority of Illinois’ income tax revenue, and IRS data show that Illinois is losing these taxpayers to out-migration.
Central Illinois suffers while legislators take spring break
Central Illinois suffers while legislators take spring break
Illinois hasn’t had a budget in two years. And it’s been more than 15 years since the state had a balanced budget. But lawmakers – who are currently on a two-week spring break – continue to be paid.
Mautino pleads the Fifth in campaign finance case
Mautino pleads the Fifth in campaign finance case
The gas the Mautino campaign claims to have purchased over 16 years would equate to more than 35,000 miles every year. The circumference of the earth is 24,901 miles.
Construction season means high costs for Illinois taxpayers
Construction season means high costs for Illinois taxpayers
Insurance premiums cost 20 percent of payroll for concrete construction workers in Illinois.
Illinois’ pension funds invested in risky, alternative investments
Illinois’ pension funds invested in risky, alternative investments
Nearly 38 percent of Illinois Teachers Retirement System assets are in so-called alternative investments.
What Illinoisans should know about their taxes
What Illinoisans should know about their taxes
The average income of taxpayers who leave Illinois is $20,000 more than the taxpayers who arrive here.
Caterpillar to move corporate headquarters to Deerfield
Caterpillar to move corporate headquarters to Deerfield
The industry giant’s move comes amid continued disinvestment in Illinois manufacturing.
Greater Chicago area lawmakers ignore needed reforms, head on spring break
Greater Chicago area lawmakers ignore needed reforms, head on spring break
While Chicago-area taxpayers struggle under a heavy tax burden, lawmakers – who continue to ignore reforms the state desperately needs – are now on a two-week vacation.
Lawmaker sponsors Airline Passenger Protection Act in wake of United Airlines incident
Lawmaker sponsors Airline Passenger Protection Act in wake of United Airlines incident
The legislation would prohibit airlines from “involuntarily removing” seated passengers, and the state from doing business with airlines that do.
Madigan has spent nearly $170,000 in campaign funds on baseball tickets in 2017
Madigan has spent nearly $170,000 in campaign funds on baseball tickets in 2017
Illinois House Speaker Mike Madigan reportedly uses his large quantity of Cubs and White Sox tickets as gifts for his political volunteers, but his history with professional sports teams in Chicago isn’t so generous.
Madigan turns 75
Madigan turns 75
Illinois lawmakers want to regulate trampolines
Illinois lawmakers want to regulate trampolines
Noble teachers beware: Unionizing invites CTU involvement in your school
Noble teachers beware: Unionizing invites CTU involvement in your school
Teachers seeking union representation in the Noble Network of Charter Schools may want to think again. Unions cause more harm than good for both students and teachers. The Chicago Teachers Union provides an up close and personal look at the disastrous impact unions would have on charter schools.
Tax Day 2017: Where does Illinois’ $38.1 billion in tax revenue come from?
Tax Day 2017: Where does Illinois’ $38.1 billion in tax revenue come from?
About two-thirds of state revenue comes from income and sales taxes.