Chicago’s combined state and local taxpayer debt burden worst in the nation

By Justin Carlson

06/07/2022

Fiscal watchdog Truth in Accounting reports every Chicagoan is on the hook for $135,700 when combining city and state debt.

TAGS: Chicago, tax burden, Truth in Accounting

Illinois’ state, local tax burden highest in Midwest after 2nd-largest increase in U.S.

By Bryce Hill

04/11/2022

The effective state and local tax burden in Illinois has risen from 11.2% in 2019 to 12.9% in 2022. It is now the nation’s seventh highest.

TAGS: Illinois, tax burden

Illinoisans worked 113 days to pay all their taxes, but more may be coming

By Brad Weisenstein

05/17/2021

Tax Day comes with new threats for Illinois taxpayers, who worked longer than residents in 44 other states to pay their taxes this year.

TAGS: Illinois, tax burden, Tax Day

Typical Illinois family will likely see $244 increase in state, local tax burden with ‘fair tax’

By Bryce Hill

10/26/2020

Increased property and sales taxes will likely offset all savings from progressive income tax scheme.

TAGS: fair tax, JB Pritzker, tax burden

Corruption costs Illinois an estimated $556M per year

By Bryce Hill

08/25/2020

Illinois’ high levels of corruption damage the state’s economy, costing it $10.6 billion since 2000. States with higher levels of corruption average lower levels of economic growth.

TAGS: corruption, economic growth, ethics, JB Pritzker, Mike Madigan, tax burden

Blame Illinois exodus on jobs, housing, tax policy

By Orphe Divounguy, Bryce Hill

06/25/2020

Census data shows who is fleeing Illinoisans and why. Here’s why you should care.

TAGS: jobs, outmigration, population, tax burden

Illinois state, local tax burden ranked highest in nation

By Brad Weisenstein

04/14/2020

Illinois residents pay more of their income toward state and local taxes than any other state’s residents. A progressive income tax proposal on the ballot in November would raise the state’s total tax burden by $3.7 billion.

TAGS: outmigration, progressive income tax, tax burden

Every Illinois metro area loses population for second year in a row

By Bryce Hill

03/27/2020

New census data reveals that for a second year, all 10 metro areas based primarily in Illinois experienced population decline.

TAGS: outmigration, population, tax burden, tax hikes, U.S. Census Bureau

Why the soda tax ‘worked’ and the progressive tax won’t

By Austin Berg

02/28/2020

There’s no doubt: the county taxed soda more, so people bought less of it. It’s a simple lesson. So why doesn’t Springfield get it?

TAGS: Cook County, home price index, Illinois Constitution, JB Pritzker, outmigration, progressive income tax, property taxes, soda tax, tax burden, Toni Preckwinkle

Pritzker claims statewide economic growth, but these Illinois metro areas are shedding jobs

By Bryce Hill

02/10/2020

Despite Gov. J.B. Pritzker touting growth in “every major region,” Illinois shed jobs in three metropolitan areas and lagged the national average in seven more.

TAGS: Bloomington, BLS: Bureau of Labor Statistics, budget, Carbondale, Champaign, Chicago, constitutional amendment, economic competitiveness, economic growth, economics, economy, employment, fair tax, flat tax, government spending, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income growth, JB Pritzker, job creation, jobs, labor, Madison County, metro areas, Metro East, Moline, pensions, Peoria, population, progressive income tax, recession, Rockford, spending, spending cap, Springfield, St. Clair County, tax burden, tax hikes, tax increase, unemployment, Urbana, working-age