With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. Illinois, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
Most new jobs in Illinois are created by small businesses, yet state leaders are asking voters to hurt them by raising taxes on these employment dynamos.
The largest permanent income tax hike in Illinois history was followed by a slide to 34th least-free state in the union, behind nearly every neighboring state.
Chicago Mayor Lori Lightfoot wants state lawmakers to let her impose progressively higher real estate transfer tax rates to close a $838 million budget deficit. She faces a limited time window and resistance from state lawmakers.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.