As housing prices continue to soar out of reach for more Americans, an impulse from policy makers across the country has been to attempt to mandate “affordable” prices through legislation. One common idea is rent control, which limits how much landlords can increase rents on residents. A related one is inclusionary zoning, which forces developers...
A new bill would repeal an outdated Illinois business tax. The franchise tax is tough to calculate, most businesses don’t owe it and it generates little revenue in a state that already hits businesses hard with other taxes.
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...
Declining reading and math scores decrease opportunity for students in Illinois. Apprenticeships, which provide paid on-the-job training and classroom instruction, are an in-demand alternative to a college degree that can build key skills and help meet future employment needs.
Published Oct. 16, 2024 Illinois finds itself at a crossroads: will it empower minorities and poor people to unleash their potential, or will it perpetuate an inequitable status quo? For far too many Illinoisans, opportunity is unfairly and unnecessarily out of reach. Illinois ranks in the bottom ten among all states in social mobility and...
The Rev. Phalese Binion worked to help people find affordable housing, but she didn’t truly understand the property tax problem until she bought her own home. Now the former union member sees a new property tax threat from Amendment 1.