Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
Seal-Rite’s doors are hardly the first to close in Illinois and reopen in the Badger State.
Rising pension costs in Illinois’ fifth-largest city are pushing Rockford near the edge of a fiscal cliff – a fate that officials are looking to reverse with a series of steep public service cuts.
When people can’t find good job opportunities in Illinois, they are too often forced to leave. And to take their place, too few have enough confidence in the state to move in from elsewhere and build a future.
In a shrinking state, half of Illinois’ largest cities have shed population since 2010.
Seven metro areas across the state lost jobs over the month.
As pension debt mounts, Moody’s Investors Services has downgraded the city of Rockford to an A2 rating.
Most people assume that Chicago is home to Illinois’ lowest-performing schools – those schools that scored in the bottom 10 percent on the Illinois Standard Achievement Test, or ISAT. But, in actuality, Chicago is home to only 45 percent of the state’s lowest-performing elementary schools and high schools. More than half of Illinois’ lowest-performing schools...