Kentucky’s economic developers are using billboards along Interstate 57 to bring businesses south by highlighting Illinois’ poor finances, high taxes and unwelcoming business climate.
The mayor proposed tripling ride-sharing taxes and fees on solo passengers downtown, on top of other increases, as the city confronts a nearly $1 billion budget deficit and a costly contract dispute with the nation’s third-largest teachers’ union.
A year ago, over half of Illinoisans considered moving away, but today it’s more than 6 in 10, a new poll shows. The No. 1 reason cited for wanting to move? High taxes.
Illinois’ housing price growth remains well below the national average because of lagging demand, caused in large part by tax policies that make people hesitant to spend.
The city of Springfield needs nearly $270 million more in revenue to meet the required contributions to its pension funds for retired police officers and firefighters.