While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Chicago’s longest-serving alderman runs the city’s workers’ comp program without any outside scrutiny. But a new lawsuit aims to change that.
While a few payouts were the result of severe injuries, local taxpayers were also on the hook for settlements with workers who returned to work the very next day.
Atlantic Coca-Cola Bottling Co. plans to move its Rock Island facility to Walcott, Iowa, where the company is expected to receive substantial tax incentives.
With countywide population dipping, remaining taxpayers in Macon County are being left with an ever-increasing property tax bill.
A joint service agreement between two fire departments could save Lake Bluff more than $500,000 over five years, once fully implemented. The plan would be a welcome change of pace for residents, as Lake County homeowners pay some of the highest property taxes in the nation.
Illinoisans shoulder some of the highest property taxes in the country. This burden is key to understanding the state's outmigration problem. Despite the failure of lawmakers to reverse this crisis, there remain a number of sound reforms waiting for consideration.
The $1.6 billion assembly plant will create an estimated 4,000 jobs for Alabama residents by 2021.
Exorbitant workers’ comp costs punish small businesses and send employers dashing to Illinois’ neighboring states.
A high cost of doing business and little reason to hope for reform can be enough for Illinois’ small businesses to look elsewhere for success.
As federal and state officials sound the alarm about opioid abuse, Illinois lawmakers should take steps to root it out of the workers’ compensation system.