outmigration

3 prevailing budget truths for Illinois

By Ted Dabrowski
07/02/2015
illinois house speaker mike madigan
Three facts prove that sensible spending coupled with pro-growth reforms is the solution to the current crisis. 1. Illinois has a spending problem. Not a revenue problem. If Illinois spending had grown at the same rate as inflation and Illinois’ population, the state’s expenditures would have been $8 billion less than they were in 2014. Extending...

TAGS: income tax, outmigration

High-earners leaving Illinois in droves

By Michael Lucci
03/31/2014
A net of 1.25 million more people left Illinois than entered from 1985-2010, according to data from the Internal Revenue Service on the migration of Illinois taxpayers and their dependents. In every single recorded year, more people left Illinois than entered. Recent U.S. Census Bureau estimates, which go through 2012, show that the exodus has...

TAGS: outmigration