In February 2017 Illinois surpassed its previous jobs peak from September 2000. However, long-term problems could potentially hamstring further jobs growth if left unaddressed.
The communities in the Quad Cities are nearly identical, but Illinoisans are fleeing to Iowa’s side from the Land of Lincoln’s side, showing just how severe Illinois’ out-migration crisis is.
The Land of Lincoln lost almost 84,000 residents and over $6.5 billion in taxable income to the seven states without an income tax while Illinois’ 2011 income tax hike was in effect.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.