A 2024 study showed handing people money they hadn’t worked for hurt them, but Illinois lawmakers are putting $827,272 in tax dollars behind the idea again.
An ominously titled document by close confidants of new Chicago Mayor Brandon Johnson states the new administration’s top priority is to take more money from households making $100,000 or more to fund what they claim is a “just Chicago.”
What’s making it harder for Illinois parents to save for a child’s college education, and for working moms to take that next step in their careers? What’s driven a record 91.8 million Americans to give up and no longer look for work? Reduced economic freedom. Economic freedom has powerful effects. It not only drives job...
AFL-CIO President Richard Trumka presides over a union establishment that continues to lose members – more than 1.6 million between 2002 and 2012. The Obama administration’s more union-friendly posture hasn’t helped much – union members made up 12.4 percent of the workforce in 2008, but that declined to 11.2 percent in 2012. Making matters worse,...
EMCO Chemicals Distributors Inc., a chemical manufacturer, packager and distributor, announced the grand opening of its brand new, 260,000-square-foot-facility in Pleasant Prairie, Wis. That’s bad news for Illinois, as the company’s headquarters was previously located about 20 miles south in North Chicago. EMCO earns more than $300 million annually in sales, and is now the...
Illinois state government has 230 programs that provide state funds to nearly 7,000 units of local government in Illinois. The largest 11 programs alone provide more than $13 billion to local governments. The distribution of that money, across the entire state, makes it difficult to hold state and local governments accountable for their spending decisions....
On Labor Day, the Chicago Teachers Union held its protest in preparation for a strike that is set to begin on Sept. 10, unless negotiations with Chicago Public Schools result in a contract.The protest served two functions: first, as a sort of threat display designed to demonstrate to CPS officials and Mayor Rahm Emanuel that...
Introduction Rod Blagojevich’s tenure as governor of Illinois will have a lasting effect on the state’s reputation and fiscal condition. From January 2003 to January 2009, Blagojevich made headlines for his sensational comments, political feuds and backroom deals. After being arrested in December 2008 on charges of political corruption, the Legislature removed him from office...
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.