If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
Village officials are trying to control expenses by cutting staff as growing pension costs continue to gobble up local tax dollars.
Sangamon County billed homeowners $215 million in 2017. This meant owners of a $127,000 Springfield home had a $2,600 property tax bill.
Fixing what ails the state requires Illinoisans of all political stripes to be honest about how they got here.
Illinois' spending on administrative costs is among the highest in the nation, sapping scarce dollars from the classroom. But a new bill would slow the growth in these expenses and align them with taxpayers' ability to pay.
The defined-benefit pension system threatens the retirement security of government workers, as well as the pocketbooks of overburdened taxpayers.
Record-breaking borrowing to fund Illinois' even more massive pension debt is no real solution to the state's pension problem.
House Bill 4273 would eliminate a loophole in state law that allows lawmakers to receive a month's pay for a day of work.
Illinoisans shoulder some of the highest property taxes in the country. This burden is key to understanding the state's outmigration problem. Despite the failure of lawmakers to reverse this crisis, there remain a number of sound reforms waiting for consideration.
Solving Illinois’ people problem requires addressing the high cost of government, which makes the state far less attractive for people looking to plant roots.
Illinois’ school district debt and unfair government union bargaining laws contribute to the state’s massive property taxes.