Lawmakers routinely spend faster than taxpayers’ incomes grow. A new bill would put Illinois with the majority of states that limit taxes or spending.
Pritzker claims statewide economic growth, but these Illinois metro areas are shedding jobs
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.
Slowest-growing states have progressive income taxes
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?
Illinois home price growth slowest in nation last year
Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed.
State of the state: Pritzker saw worst first-year jobs numbers since Blagojevich
Illinois job creation lagged the national median in nearly every sector.
Chicago area up 241K jobs, rest of Illinois down 41K jobs from before recession
Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.
Illinois pensions 101: Paltry contributions yield million-dollar payouts
Across all five state retirement systems, typical career workers pay for about 5% of the cost of their pension benefits. They receive an average of $1.7 million to $3.6 million.
Indiana is building far more single-family homes than Illinois
The historic change comes as skyrocketing property tax bills eat into Illinois homeowners’ bottom line.
Illinois saw nation’s worst population loss during the decade
Illinois suffered its sixth consecutive year of population decline in 2019, driven entirely by residents leaving for other states.
Chicago commuter will see $286 parking tax hike Jan. 1 under Pritzker plan
Illinois Gov. J.B. Pritzker’s capital plan calls for an increased parking tax, just one of the new ways drivers will pay more in 2020.