Tying government spending to economic growth protects taxpayers from future tax hikes.View Report
Illinois’ jobs situation improved in May, but the state needs long-term solutions such as a spending cap to get on a path to fiscal health and assure investors more tax hikes are not on the horizon.
As Illinois struggles to address its people problem, population loss has plagued communities across the Land of Lincoln. But the shrinkage in some areas has been more severe than others.
Atlantic Coca-Cola Bottling Co. plans to move its Rock Island facility to Walcott, Iowa, where the company is expected to receive substantial tax incentives.
New data from the Bureau of Labor Statistics show eight of Illinois’ 13 metro areas gained jobs over the month.
When people can’t find good job opportunities in Illinois, they are too often forced to leave. And to take their place, too few have enough confidence in the state to move in from elsewhere and build a future.
In a shrinking state, half of Illinois’ largest cities have shed population since 2010.
The state also saw a drop in the unemployment rate over the month, fueled by employment gains and labor force decline.
Though some of Illinois’ larger municipalities such as Chicago and Evanston have been overly restrictive in regulating food trucks, the Carbondale City Council has debated loosening them for its city, soliciting mixed opinions.
A new report would have Illinoisans believe that a progressive income tax means tax cuts and economic growth. Illinois lawmakers’ tax-and-spend tendencies and evidence from all 50 states say otherwise.
Seven metro areas across the state lost jobs over the month.