What Illinoisans need to know about the progressive income tax

By Orphe Divounguy, Bryce Hill
08/27/2020
Gov. J.B. Pritzker calls his $3.7 billion income tax hike a “fair tax.” But opponents have criticized the constitutional amendment as a blank check for House Speaker Mike Madigan and other state lawmakers, courtesy of Illinois taxpayers.

TAGS: fair tax, graduated income tax, Illinois Constitution, income tax, JB Pritzker, municipal pensions, pension guarantee, pensions, progressive income tax, property taxes, taxes

Pritzker’s accounting gimmicks can’t fix pension crisis, but real reform can

By Adam Schuster
02/21/2020
Illinois Gov. J.B. Pritzker previously floated a pension plan that included pawning-off state assets, taking on more high-interest debt and reducing pension funding before walking back the plan amid criticism. Here’s a real solution.

TAGS: bonds, budget, COLA: cost of living adjustment, credit rating, fair tax, Illinois Constitution, Illinois Department of Revenue, JB Pritzker, Moody's Investor Service, pensions, progressive income tax, Standard & Poor's

Pritzker claims statewide economic growth, but these Illinois metro areas are shedding jobs

By Bryce Hill
02/10/2020
Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.

TAGS: Bloomington, BLS: Bureau of Labor Statistics, budget, Carbondale, Champaign, Chicago, constitutional amendment, economic competitiveness, economic growth, economics, economy, employment, fair tax, flat tax, government spending, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income growth, JB Pritzker, job creation, jobs, labor, Madison County, metro areas, Metro East, Moline, pensions, Peoria, population, progressive income tax, recession, Rockford, spending, spending cap, Springfield, St. Clair County, tax burden, tax hikes, tax increase, unemployment, Urbana, working-age

Slowest-growing states have progressive income taxes

By Bryce Hill
02/07/2020
Fewer people want to live in states with progressive income taxes. So after 6 straight years of population loss, why would Illinois want to join them?

TAGS: ballot, ballot referendums, corporate income tax, fair tax, flat tax, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income tax, JB Pritzker, outmigration, pensions, population, progressive income tax, recession, spending cap, Springfield, tax burden, tax hikes, tax increase, Tennessee, Texas, U.S. Census Bureau, West Virginia, working-age

Lawmakers seek to place nation’s first job-killing amendment in Illinois Constitution

By Mailee Smith
02/05/2020
A proposal in the Illinois General Assembly would prohibit right-to-work laws in Illinois, making Illinois the only state in the nation to ban the policy in a state constitution.

TAGS: constitutional amendment, economic growth, graduated income tax, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, Janus v. AFSCME, job creation, jobs, labor, lawmakers, private sector, progressive income tax, public sector, right to work, Rockford, Springfield, unions

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Pension apocalypse? COVID-19 exposes long-running fragility of Illinois public pensions

Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...

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Joanne Troesch

Policy lessons from Illinois’ exodus of people and money

By J. Scott Moody, Wendy Warcholik
07/07/2014

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

By Ted Dabrowski
05/02/2016