While Chicago-area taxpayers struggle under a heavy tax burden, lawmakers – who continue to ignore reforms the state desperately needs – are now on a two-week vacation.
Chicagoans have been burdened with a slew of new taxes and the full damage has yet to be felt. A state income tax hike, like the one proposed in the Illinois Senate’s so-called “grand bargain,” would only further harm struggling Chicagoans.
Chicago needs entrepreneurs. But too often, the city slows them down or chases them out of town. The “City that Works” doesn’t work for startups. A simple process is necessary so that startups in Chicago can get off the ground and start working, hiring and paying taxes. One good place to start is to make...
by Katherine Casey Taxpayer-funded state lobbying is once again on the rise in Illinois. As the Illinois Policy Institute noted earlier this year in its 2011-2012 Illinois Legislators’ Guide to the Issues, a lack of transparency still plagues the topic of lobbying across the state. Unknown to many citizens, “state-level lobbying” has quickly seeped its way into towns and...
All across the country, from federal races to local races, the national mood and resulting election wave dominated and largely prevailed. In Illinois, that same wave only flowed for the federal races, not the General Assembly or governor’s race. Mark Kirk won President Obama’s Senate seat, and there were four GOP pickups in the House...
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...