New Illinois jobs data reveal a state with thousands of job losses, unemployment rising to 5.7 percent, a collapsing manufacturing sector, and several downstate communities sliding back into recession — all of which make the Illinois Senate’s new tax hike proposal especially harmful.
The Illinois Senate’s proposed budget plan would raise the personal income tax rate to at least 4.95 percent with no real reforms to address the state’s skyrocketing debt and unsustainable spending. This proposal comes despite Illinois’ loss of $14 billion in annual income and hundreds of thousands of people in the wake of the 2011 income tax hike.
Although the battle for the budget drags on, there were several important legislative wins for Illinoisans in 2016 including criminal justice reform, averting tax hikes, and stopping Madigan’s agenda in the lame duck session.
The northwest suburb of Barrington passed an ordinance to allow local businesses to forgo Cook County’s minimum wage hike, which has the potential to be devastating for jobs in the county.
Airbnb has reported that about 4,800 Chicagoans are Airbnb hosts, and they earn an average of $5,300 per year renting out their homes through the service.
Most people expect Illinois law enforcement to defend the private property of Illinois residents. As long as you obey the law, your life, liberty and property should be secure from the law – or so common sense would suggest. Yet, every year, Illinois law enforcement agencies take tens of millions of dollars in cash, vehicles,...
Now that politicians don’t have the flexibility to access transportation funding during emergencies, they’ll use the lack of funds as an excuse to pass higher taxes on Illinoisans.