It is wrong that the General Assembly doesn’t have to feel the impact of their actions when they are responsible for other Illinoisans not receiving paychecks.
The Tax Foundation—a nonpartisan, D.C.-based think tank—hosted a press conference in Chicago this afternoon on the effects of a proposed tax increase in Illinois. The Tax Foundation’s analysis of the proposed progressive tax legislation found that: Illinois’ “State Business Tax Climate Index” ranking could fall to 44th from its current 31st ranking if the proposed progressive income...
“It is a safe bet that the General Assembly will never pass a bill limiting its own members’ ability to seek re-election.” – Christopher Mooney, University of Illinois Springfield professor, term-limits expert Overwhelmingly, Illinoisans support term limits. A recent poll showed 78.7 percent of Illinois voters support term limits. But good luck convincing Illinois legislators...
As the Illinois General Assembly heads back to Springfield for veto session next week, here is a quick look at what elected officials have signed on to the Illinois Policy Institute’s legislative efforts to prevent lawmakers from amending the state’s constitution to permit a progressive income tax hike, which would increase taxes on 85 percent...
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.