It is time to give taxpayers and businesses the certainty they need to plan a long-term future in the state.View Report
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.
As examples of the type of progressive tax plan he would like to see in Illinois, J.B. Pritzker pointed to other Midwestern states. But imposing those income tax rates would raise taxes on the median Illinois family.
Progressive tax proposals by Illinois Democrats would punish those in Illinois’ middle class who earn $50,000 or more and make the state even less competitive with its neighbors.
Illinois’ credit rating spirals downward while residents flee to surrounding states with stronger economies and lower taxes.
St. Clair and Madison counties saw combined population losses of more than 1,600 people due to out-migration to other states.
Missouri has become the 28th state to enact Right to Work, causing Illinois’ regional competitiveness to decline further.
Fourteen Illinois counties face higher sales taxes if referendums pass at the ballot box this fall. The tax is called the Illinois County School Facility Occupation Tax, or County School Facility Tax (CSFT) for short. The law authorizing the tax, which passed in 2007, allows school boards representing 51 percent of a county’s student population...