Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. A previous report in this series estimated the direct cost of workers’ compensation to state, county and municipal governments is $402 million in worker payouts per year.1 Building upon those findings, this report estimates that the total cost of workers’ compensation to...View Report
Residents of Chicago’s collar counties pay the highest property taxes in the state – and some of the highest in the country.
In a bipartisan effort to cut McHenry County’s local tax burden, the McHenry County Board voted overwhelmingly in favor of a pledge to cut the county tax levy by 10 percent. The board chairman has intimated he will pursue further local government consolidation efforts.
The average income of taxpayers who leave Illinois is $20,000 more than the taxpayers who arrive here.
The industry giant’s move comes amid continued disinvestment in Illinois manufacturing.
Though the median household income in Belleville is only $43,318, Belleville Township School District 201’s top administrators are making six-figure salaries.
Despite being sold as property tax “relief,” new legislation in Springfield would only shift property tax burdens on to certain taxpayers, while complicating an already confusing property tax system.
Bailout bills moving in the Illinois General Assembly would attempt to turn Illinois’ massive debt problems into guaranteed profits for banks and bondholders and a lower standard of living for other Illinoisans.
With hundreds of taxing bodies in their county and inaction from Springfield, DuPage homeowners will soon see yet another property tax increase.
Illinois state government works to prioritize special interests over taxpayers – and the budget deal being negotiated in the Senate would continue that.
State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration.