Illinois has sued a pharmaceutical company over opioid marketing, yet state lawmakers refuse to reform a workers’ compensation system that encourages the overprescription of dangerous drugs.
The expiration of the state’s EDGE program – which has given large companies more than $1 billion in tax credits the last 15 years – is good news for taxpayers and should encourage lawmakers to pass real reforms.
The fictional family from “Home Alone” has paid nearly $750,000 in property taxes since the film’s release, and real Illinois families are struggling under a massive local tax burden.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.