America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...View Report
Illinois saw new residential building permits in 2021 issued at one of the slowest rates in the nation. The rest of the U.S. saw real estate booming.
New census data shows Illinois ranked 48th in the U.S. for new single-family home permits during the past decade.
Data reveals 5.7% of Illinois homeowners are at least 90 days behind on their payments.
Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.
Faced with the impossible task of balancing Chicago’s budget without pension reform, Mayor Lori Lightfoot is forced to partially rely on phantom cuts and revenues.
Chicago’s mayor wants permission from Springfield to impose a new tax on high-end professional services and raise taxes on pricier home sales, as the city faces down a $1 billion deficit.
Starting this July, Illinoisans will pay higher taxes on gasoline, cigarettes, video gaming and more.
The Gem City joins a growing list of Illinois municipalities raising property taxes to pay for pensions.
As pension costs explode for Winnetka and the rest of Illinois, owners of the “Home Alone” house featured in the 1990 film are feeling the effects.
Less than 50 cents of every additional property tax dollar over the last 20 years went to pay for services that raise home values. Instead, the primary driver of the rise in property taxes was pension costs.