While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
The measure would relax statewide restrictions on liquor licensure and encourage local control.
Regulatory regimes in Illinois often discourage workforce participation without enhancing public welfare. One Senate bill, however, would require regulators to demonstrate the necessity of new rules before imposing them on workers.
The country is enjoying a food truck boom, but overbearing regulations threaten the industry. According to a new study, Chicago’s regulatory burden is among the worst.
Some businesses would see license fees double, among other fee hikes meant to shore up city finances.
The criminal justice commission’s recommendations work toward providing more opportunity for ex-offenders and reducing the state’s prison population.
A proposal to license pharmaceutical reps amounts to costly fees and red tape that will do little to promote public health and safety.
A poll of Illinois registered voters finds 76 percent want to remove occupational licensing barriers for ex-offenders.
To get ex-offenders back to work and reduce crime, Illinois needs to lift restrictions on the right to earn a living .
By reducing the licensing requirements that make it harder for people to enter many professions, Illinois could give more people access to jobs, bring down the cost of goods and services through increased competition, and attract more workers to the state.
Chicago’s many bureaucratic barriers to starting a business shield established businesses from competition and keep low-income entrepreneurs from getting ahead.