Illinois job creation lagged the national median in nearly every sector.
Illinois personal income growth 2nd lowest in U.S. since Great Recession
Only Mississippi has fared worse than Illinois in personal income growth since the Great Recession hit at the end of 2007. Analysis shows state income taxes matter.
With voters set to decide on progressive income tax, Illinois wealth flight among worst in the nation
New data shows Illinois since 2010 lost up to $32 billion in income from people moving out. Gov. J.B. Pritzker’s graduated income tax plan would hike rates on residents most likely to leave the state, on net.
Blank check: Illinois lawmakers file progressive income tax amendment
An amendment to scrap Illinois’ constitutional flat tax protection is gaining sponsors in the Illinois Senate. Lawmakers have refused to discuss rates since those details killed the last progressive tax attempt.
Illinois’ income growth second-worst in the nation
Amid two record-breaking income tax hikes, growing property tax bills and population decline, the Land of Lincoln’s income growth is trailing the rest of the nation.
IRS moves to block Illinois lawmakers’ tax credit workaround scheme
New IRS rules make clear that lowering the actual tax burden, not complicated workarounds, is the correct way to respond to tighter federal restrictions on SALT deductions.