At least 28 states have already said they plan to opt into the Federal Scholarship Tax Credit program to let donors provide extra academic help to their students.
Chicago’s budget has grown much faster than inflation, leaving taxpayers to endure higher costs without receiving better services. Implementing a spending cap linked to inflation could have kept costs under control, helping prevent future deficits
If Illinois state lawmakers are not going to spend the $3.3 billion sitting in the state’s road fund, drivers should get a break from the taxes going into it. Illinois gasoline taxes are No. 2 in the U.S.
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...