Illinois personal income growth 2nd lowest in U.S. since Great Recession

By Bryce Hill
01/09/2020
Only Mississippi has fared worse than Illinois in personal income growth since the Great Recession hit at the end of 2007. Analysis shows state income taxes matter.

TAGS: corporate income tax, flat is fair, flat tax, graduated income tax, Great Recession, Illinois, Illinois General Assembly, income, income growth, income tax, JB Pritzker, labor, labor force, marginal tax, personal income, population, population growth, population loss, progressive income tax, recession, Springfield, tax burden

With voters set to decide on progressive income tax, Illinois wealth flight among worst in the nation

By Orphe Divounguy, Bryce Hill
01/07/2020
New data shows Illinois since 2010 lost up to $32 billion in income from people moving out. Gov. J.B. Pritzker’s graduated income tax plan would hike rates on residents most likely to leave the state, on net.

TAGS: graduated income tax, Illinois, Illinois Constitution, Illinois General Assembly, income, IRS: Internal Revenue Service, JB Pritzker, outmigration, pension reform, population, population loss, progressive income tax, progressive tax, spending cap, Springfield, tax rates, U.S. Census Bureau, wealth, wealthy

New taxes and fees on Illinois driving, vehicles total $1.9B

By Ben Szalinski
12/05/2019
Jan. 1 marks a second wave of taxes aimed at drivers to support an infrastructure package championed by Gov. J.B. Pritzker and shrouded in corruption allegations.

TAGS: capital plan, drivers, driving, gas tax, Illinois, Illinois General Assembly, infrastructure, JB Pritzker, Luis Arroyo, Martin Sandoval, motor fuel tax, parking garages, parking tax, progressive income tax, public works, Rebuild Illinois, Springfield, trade-in tax, vehicle registration