In 2018, Springfield handed Illinoisans more of the same repackaged policy failures. Lawmakers in the coming year should tape to their desks this wish list of taxpayer-friendly reforms.
Overly optimistic expectations about investment returns mean Illinois is understating its pension debt. That could lead to a nasty surprise for future taxpayers.
AFSCME – the largest government worker union in the state – may pull off one of the most insulting waiting games in state history. The payoff? More than $3 billion, courtesy of Illinois taxpayers.
Over half of survey respondents have considered leaving Illinois, citing dysfunctional government, disappointing job opportunities and – above all – high taxes.
Despite finding favor among some politicians and political candidates in Illinois, states with a progressive income tax are more vulnerable during recessions than flat-tax states.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.