Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. A previous report in this series estimated the direct cost of workers’ compensation to state, county and municipal governments is $402 million in worker payouts per year.1 Building upon those findings, this report estimates that the total cost of workers’ compensation to...View Report
High-income earners provide the majority of Illinois’ income tax revenue, and IRS data show that Illinois is losing these taxpayers to out-migration.
The average income of taxpayers who leave Illinois is $20,000 more than the taxpayers who arrive here.
Fifteen counties in the southernmost part of Illinois lost population from July 2015 to July 2016, fueled by significant domestic migration.
Recently released census data reveal that St. Clair and Madison counties saw combined population losses of more than 1,600 people due to out-migration to other states.
Illinoisans from all areas are leaving the state in droves, and Springfield lawmakers need look no farther than the state capital to see the proof.
Newly released census data show more than 5,100 Lake County residents moved to other U.S. locales last year, causing the county’s population to shrink.
Newly released census data show more than 9,100 DuPage County residents moved to other U.S. locales last year, causing the county’s population to shrink.
There are 170,000 fewer people working in Illinois since before the Great Recession.
House Bill 3393 would impose a 20 percent surcharge on fees earned by investment managers.
In the last decade, Illinois’ economy and the economies of neighboring states have gone in opposite directions, with more people now working in Wisconsin and Indiana combined.