Illinois’ congressional Democrats asked for an additional $25 million to pay for security at the 2024 Democratic National Convention in Chicago. Host cities typically receive $50 million.
Illinois has a domestic migration problem. The state is losing too many people. Illinois has lost more people to other states than it gained in every single year since 1985 . And in every year, the people who left earned more money than the people who entered. The Internal Revenue Service released new migration data...
There is a virtual caravan of businesses leaving Illinois. Office Depot, which announced that it would be setting up its headquarters in Boca Raton, Fla., rather than Naperville, Ill., is only the latest. A string of smaller companies, mainly manufacturers such as Modern Drop Forge or Food Warning Equipment Company have been relocating – sometimes...
Today marks the first day of the Illinois General Assembly’s two week veto session. Veto session is held for six days every fall to allow the General Assembly to take action on bills that the governor has vetoed. Since the spring legislative session, the governor has vetoed 10 bills – only three of those bills...
Ever notice that going out to eat seems more expensive in Chicago than other cities? One of the reasons is that on top of the very high sales tax in Chicago, there are additional taxes on meals in restaurants: 0.25 percent Chicago restaurant tax and 1.0 percent Metropolitan Pier and Exposition Authority (MPEA) food and...
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.