Illinois lost more than 100,000 residents and $8.5 billion on net in adjusted gross income to other states from 2019-2020, according to new federal tax return data. Those leaving earned $31K more than those coming in.
Illinois House committee passes bill to ban red-light cameras statewide
Red-light cameras have been the subject of multiple corruption investigations and have cost Illinois drivers over $1 billion.
Records involving Madigan sought by federal probe into southwest Chicago suburb
Federal investigators are seeking records from a small village near Chicago. The subpoena names Illinois House Speaker Mike Madigan, his political lieutenants and former ComEd lobbyists.
Blagojevich returns to an Illinois as corrupt as he left it
Illinois’ political leadership learned nothing from the Blagojevich nightmare. And now it may be coming back to bite them.
Former state Rep. Arroyo pleads not guilty to bribery charge
Arroyo resigned from his seat in the Illinois General Assembly after his arrest in October on bribery charges. He now faces up to 10 years in prison for bribery.
‘Fair tax’ backer pleads guilty to tax fraud
Former state Sen. Martin Sandoval once headed the powerful Senate Transportation Committee. He now faces up to 13 years in prison on corruption charges involving a controversial red-light camera company.
Feds indict champion of Illinois gas tax hike, ‘fair tax’ on tax fraud and bribery
The former chair of the influential Senate Transportation Committee is the fourth Illinois politician indicted on federal charges amid a sweeping FBI probe.
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.
Illinois lawmakers pass pension sweeteners without knowing the cost
Illinois has nation’s worst pension debt. Maybe that’s because state lawmakers take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.
Changes to federal SALT deduction expose Illinois’ high taxes
House Bill 4237 seeks to get around Congress’ limitation of a federal deduction that benefits high-tax states, but residents would be better served by efforts to directly reduce state and local taxes in Illinois.