If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
A new investigation by the Chicago Tribune and ProPublica Illinois reveals the mismanagement of the Cook County property tax system, and the politically connected firms who profit from it.
Chicago State University spent more than $200,000 lobbying Springfield politicians, while deteriorating finances caused it to lay off hundreds of employees, including professors.
Illinois House Speaker Mike Madigan’s spokesman, Steve Brown, has repeatedly implied that Illinois insurance companies are hoarding cost savings. However, this couldn't be happening unless insurance companies were colluding in violation of the principle of antitrust laws, and there's no evidence they are. Illinois trial lawyers have echoed Brown's sentiments, but they don't seem to see evidence of antitrust violations either given that they haven't brought lawsuits against insurance companies for violating federal antitrust law.
Nearly half of respondents said they would like to leave the state, including almost two-thirds of millennials.