Federal Reserve Bank Of St. Louis

House hunters: How high taxes hurt home investment in Illinois

By Orphe Divounguy, Suman Chattopadhyay, Bryce Hill
09/17/2018
Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.

Property-tax-for-pensions plan would pummel Illinois homeowners

By Orphe Divounguy, Bryce Hill, Joe Tabor
05/25/2018
With one proposal to pay off Illinois’ pension debt asking the typical homeowner to pay more than $1,900 in additional property taxes for the next 30 years, the stakes for pension reform have never been clearer.

Illinois paid out $266M in improper unemployment insurance payments

By Brian Costin
01/14/2014
Earlier this week in a televised White House address President Barack Obama said, “I can’t name a time where I met an American who would rather have an unemployment check than the pride of having a job.” But Obama’s statement is contrary to recent statistics released by the U.S. Department of Labor, which show many...

TAGS: unemployment