While Illinois motorists have seen the country’s second-highest increase in gas prices, Chicagoans pay even higher prices at the pump due to multiple layers of city, county and state taxation.
Letting nonviolent former offenders petition to have their records sealed and protecting businesses from negligent-hiring lawsuits would do more to encourage hiring ex-offenders than “ban the box” alone.
Illinoisans’ confidence in their state government is the lowest of residents of any state in the nation, and corruption stories from February 2016 don’t help.
City zoning policies serve to keep many neighborhoods segregated. These rules also keep lower-income residents of all races out of popular areas, allowing city officials to shape who can live where and making housing more expensive.
The Chicago Teachers Union has threatened to strike as early as April 1 over Chicago Public Schools’ announced plan to stop paying a portion of teachers’ required contributions to their pension fund. Under Illinois labor law, however, CTU cannot legally strike before mid- to late-May.
Pension holidays, steep increases in teachers' salaries, and lopsided ratios of teacher contributions to pension payouts have caused the Chicago Teachers’ Pension Fund’s unfunded liabilities to shoot up to $9 billion in 2015.
Unaffordable salaries and pension benefits on top of a structurally unstable retirement system have pushed CPS to the brink of insolvency despite record tax revenues.
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...