Spending has consistently outpaced state tax revenues in Illinois for more than a decade. To avoid future tax hikes, Illinois must impose real fiscal discipline on state lawmakers.
By Orphe Divounguy, Austin Berg, Bryce Hill, Joe Tabor
01/22/2018
Illinois' jobs growth trailed that of the nation during the first half of 2017, then slowed to a halt in the wake of the General Assembly's record-breaking tax hike.
Illinois House Speaker Mike Madigan, Senate President John Cullerton and state Rep. Robert Martwick are all involved in the clout-heavy cottage industry of property tax appeals.
Illinois lawmakers passed hundreds of bills in 2017, but enacted no real reforms to boost the state’s economy, rein in the cost of government or provide relief to taxpayers.
Illinois would have seen above-average growth if the state’s workforce had simply grown on par with the rest of the U.S. economy. Instead, poor policy choices have made the state an economic laggard. Illinois’ slow expansion is likely a product of investment-killing tax hikes.
The biggest obstacle Illinoisans face in Springfield remains the same: an all-powerful House speaker, and members of both parties who are all too eager to kowtow.