Only Mississippi has fared worse than Illinois in personal income growth since the Great Recession hit at the end of 2007. Analysis shows state income taxes matter.
Springfield lawmakers have yet to learn the lesson that money walks. And it’s not just to other states. Sometimes, it walks past the legal dispensary with a 40% tax rate and into a dealer’s house.
New data shows Illinois since 2010 lost up to $32 billion in income from people moving out. Gov. J.B. Pritzker’s graduated income tax plan would hike rates on residents most likely to leave the state, on net.
Each year, tens of billions of dollars flow through Illinois state government.1 These flows all depend on methods of payment. In deciding on those payment methods, policymakers must consider a number of important factors, including security controls, cost effectiveness, accessibility, speed and allowance for choice. This report shows that by adopting best practices across all...
New academic research on a progressive income tax hike in California should be a warning to Illinois voters deciding on Gov. J.B. Pritzker’s progressive income tax hike in November 2020.
City leaders passed a resolution expressing support for expanding scientific and medicinal research on organic psychedelics in Chicago, with the goal of decriminalizing adult use of the plants and fungi.
Chicago Teachers Union backed Toni Preckwinkle for mayor of Chicago, donating nearly $300,000 to her campaign. But Lori Lightfoot won – and now CTU is on strike for the third time in seven years despite her generous offer.
Teacher strikes are illegal in 8 of the top 10 largest school districts in the nation. Maybe that’s why the Chicago Teachers Union is on strike for the third time in seven years.