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
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.
Illinois state lawmakers could stimulate employment and lower costs for overburdened taxpayers by repealing the state’s outdated prevailing wage law.
The September metro jobs report follows statewide numbers that showed one of the worst months for payroll jobs since the Great Recession.
Cook County has lost nearly 50,000 black residents since the 2010 census, and the rate is accelerating.
Local spending drivers need to be reformed to truly relieve taxpayers of Illinois’ highest-in-the-nation property taxes.
Compared with Illinois’ pre-recession average, permits for new single-family and multiunit housing are down more than 60 percent.
Although Illinois hosts corporate headquarters of many large companies, its economy lags in blue-collar job opportunities.
Though Illinois Democrats insist Gov. Bruce Rauner’s reform agenda has nothing to do with the state’s budget, Rauner’s original proposed spending reforms would allow the state to balance its budget without hitting up taxpayers for more revenue.
Insurance premiums cost 20 percent of payroll for concrete construction workers in Illinois.
The proposed legislation would have hiked costs for taxpayers and undermined market forces, all to benefit special interests.