States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.View Report
A bill in the Illinois House of Representatives would allow the Illinois Department of Labor to place a lien on a business owner's property should he or she fail to respond to an allegation of unpaid wages within five days.
State Rep. Emanuel "Chris" Welch has proposed a measure that would increase by 400 percent the personal property replacement tax imposed on partnerships, LLCs and other types of businesses.
The state has chosen to coddle some big businesses while punishing the small.
Illinois lawmakers passed hundreds of bills in 2017, but enacted no real reforms to boost the state’s economy, rein in the cost of government or provide relief to taxpayers.
Reducing barriers to entry for small businesses is a crucial step toward spurring economic growth in Illinois.
Two sides, one city.
Sitting astride the Fox River, the city of Geneva is home to a bustling downtown district in a state that’s notoriously tough on small businesses.
A high cost of doing business and little reason to hope for reform can be enough for Illinois’ small businesses to look elsewhere for success.
The uncomfortable truth is that no matter how many hands they shake, most General Assembly members aren’t really friendly to small businesses.
Illinois currently has the highest start-up fees in the country, further burdening the already-unfriendly business climate in the state.