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

Slowest-growing states have progressive income taxes

By Bryce Hill

02/07/2020

Fewer people want to live in states with progressive income taxes. So after 6 straight years of population loss, why would Illinois want to join them?

TAGS: ballot, ballot referendums, corporate income tax, fair tax, flat tax, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income tax, JB Pritzker, outmigration, pensions, population, progressive income tax, recession, spending cap, Springfield, tax burden, tax hikes, tax increase, Tennessee, Texas, U.S. Census Bureau, West Virginia, working-age

State of the state: Pritzker saw worst first-year jobs numbers since Blagojevich

By Orphe Divounguy, Bryce Hill

01/27/2020

Illinois job creation lagged the national median in nearly every sector.

TAGS: 401(k), BLS: Bureau of Labor Statistics, Chicago, constitutional amendment, economic competitiveness, economic growth, fair tax, government spending, graduated income tax, housing, housing market, IDES: Illinois Department of Employment Security, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income, income growth, JB Pritzker, job creation, jobs, labor, labor force participation rate, outmigration, pensions, personal income, population, private sector, progressive income tax, public sector, retirement age, spending, spending cap, Springfield, tax burden, tax hikes, tax increase, U.S. Census Bureau, unemployment

Madigan celebrates 35th anniversary as Illinois House speaker

By Austin Berg

01/12/2020

Illinoisans will soon cast a vote on the biggest ballot question in the history of Madigan’s record-breaking speakership.

TAGS: credit rating, Daley, debt, fair tax, FBI: Federal Bureau of Investigation, federal investigation, graduated income tax, house rules, House Speaker, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, legislative map, lobbying, Mike Madigan, patronage, progressive income tax, property taxes, redistricting, Richard Daley, Springfield, tax burden, U.S. Census Bureau

Illinois personal income growth 2nd lowest in U.S. since Great Recession

By Bryce Hill

01/09/2020

Only Mississippi has fared worse than Illinois in personal income growth since the Great Recession hit at the end of 2007. Analysis shows state income taxes matter.

TAGS: corporate income tax, flat tax, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, income, income growth, income tax, JB Pritzker, labor, marginal tax, personal income, population, progressive income tax, recession, Springfield, tax burden

Illinois cannabis taxes among nation’s highest, could keep black market thriving

By Austin Berg

01/09/2020

Springfield lawmakers have yet to learn the lesson that money walks. And it’s not just to other states. Sometimes, it walks past the legal dispensary with a 40% tax rate and into a dealer’s house.

TAGS: Chicago, Cook County, decriminalization, ILGA: Illinois General Assembly, Illinois, legalization, marijuana, medical marijuana, Springfield, tax burden, taxes, THC