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Pension reform key to protecting Illinois services, taxpayers after ‘fair tax’ rejection

By Adam Schuster
11/12/2020
Asking Illinoisans to pay more in taxes to receive less in services has been the trend in state government for the past decade, driven by the ever-growing cost of Illinois’ worst-in-the-nation pension crisis.

TAGS: fair tax, JB Pritzker, pensions

Pritzker, other top Democrats want Madigan out as party leader

By Ben Szalinski
11/06/2020
On the heels of losing his signature “fair tax,” Illinois Gov. J.B. Pritzker wants House Speaker Mike Madigan out as the state Democratic leader. Both U.S. senators also make that call.

TAGS: corruption, fair tax, House Speaker, Illinois House of Representatives, JB Pritzker, Mike Madigan

‘Fair tax’ backers concede, blaming ‘deceived’ voters for loss

By Brad Weisenstein
11/04/2020
Two-thirds of voters polled favored a “fair tax” in March. On Election Day that flipped to 55% opposing it. Voters understood how the amendment could usher in retirement and other taxes, but tax proponents found it easier to claim deceit.

TAGS: election, fair tax, JB Pritzker

Progressive income tax amendment heading for defeat

By Ben Szalinski
11/04/2020
Gov. J.B. Pritzker’s push for his “fair tax” is headed for rejection by Illinois voters. State lawmakers now must face the public pension debt driving the state’s fiscal crisis.

TAGS: fair tax, JB Pritzker, progressive income tax, Vote Yes for Fairness

Pritzker’s final ‘fair tax’ plea to voters

By illinoispolicy
10/31/2020
Illinois politicians do not have a great track record when it comes to keeping promises to taxpayers.

TAGS: fair tax, income tax, JB Pritzker, retirement tax

Illinois retirees would pay $2,482 in state income taxes if “fair tax” targets them

By Bryce Hill
10/30/2020
Members of Pritzker’s administration, advisors and lawmakers have suggested a progressive income tax should tax retirement income in Illinois.

TAGS: fair tax, JB Pritzker, retirement tax

‘Fair tax’ is no fix for out-of-control Cook County property taxes

By Joe Barnas
10/28/2020
Cook County property taxes have grown at triple the rate of the cost of living. The “fair tax” backers promise it will bring property tax relief, but the evidence refutes their claim.

TAGS: Cook County, fair tax, JB Pritzker, property taxes

How much would Pritzker’s ‘fair tax’ affect your home value?

10/26/2020
The progressive income tax amendment would carry a hidden cost of $1,800 a year in lost home value for 3.2 million homeowners if Illinois sees the same impact as Connecticut.

TAGS: fair tax, home values, income tax, JB Pritzker, property tax

Typical Illinois family will likely see $244 increase in state, local tax burden with ‘fair tax’

By Bryce Hill
10/26/2020
Increased property and sales taxes will likely offset all savings from progressive income tax scheme.

TAGS: fair tax, JB Pritzker, tax burden

Retirement tax could be next if ‘fair tax’ passes, Moody’s says

By Adam Schuster
10/22/2020
The credit rating agency also said Illinois will soon pass the point of no return on public pension debt. It warned against schemes to stretch or delay pension payments.

TAGS: credit rating, fair tax, pensions, retirement tax

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Budget + Tax / Research Report

Progressive tax could cost nearly $1,800 a year in home equity


Evidence from Connecticut suggests the progressive income tax could cost Illinois homeowners substantial equity in their homes.

View Report

Report Archive

Jobs + Growth / Your Story

Sheldrick Holmes: Grail Café

Jobs + Growth / Policy Point

Policy lessons from Illinois’ exodus of people and money

By J. Scott Moody, Wendy Warcholik
07/07/2014
Illinois Policy In the News

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016

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Illinois' comeback story starts here