Illinois’ comeback story starts here.

66% Tax Increase Faced by Illinois Families

66% Tax Increase Faced by Illinois Families

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.

Snow Squad Gives Chicago an A

Snow Squad Gives Chicago an A

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.

Impact of a 75% Hike: Diminishing Discretionary Income

Impact of a 75% Hike: Diminishing Discretionary Income

$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.

December Unemployment Report Shows Little Improvement

December Unemployment Report Shows Little Improvement

The Labor Department report indicated the U.S. economy added 103,000 jobs in December. The Report also indicated the national unemployment rate dropped slightly. Although this sounds positive, there are a few things one must keep in mind.

Will You Veto Anything Over 1%

Will You Veto Anything Over 1%

During the campaign Governor Quinn suggested that he would veto tax hike over 1%, now what?

75% TAX HIKE

75% TAX HIKE

Reports indicate Democratic leaders have agreed on a plan to hike the state income tax by a whopping 75 percent. Or maybe even 83 percent.