States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.View Report
History shows lawmakers prefer to avoid tough but necessary choices.
Poor accounting practices prevent true financial transparency in Illinois state government.
Efforts to add an Amtrak train stop in Lake Forest have been plagued by a series of setbacks for a project now estimated to cost more than $13.4 million.
As the state continuously spends more than residents can afford, taxpayers in Rock Island County have seen little income growth.
The city's budget for fiscal year 2019 was accompanied by increases in sales and telecom taxes. But local officials still anticipate a deficit.
A proposal to tie state spending to what taxpayers can afford is earning bipartisan support in Springfield.
Mandating more reasonable spending growth is the first step in a journey back to solvency for Illinois. The cap provides certainty today for a more responsible state government tomorrow.
The bill would cut off Illinois’ new tax credit scholarship program if the Illinois State Board of Education determined public school funding levels were inadequate.
State spending grew 25 percent faster than Illinoisans' personal income from 2005-2015.
Illinois is broke. But leaders don’t act like it.