Illinois pension plans 39% funded, taxpayers on the hook for $105 billion in liabilities: It will get worse
Numerous U.S. pension plans are in deep, deep trouble, and Illinois is at the top of the list. Plan assumptions cannot and will not be met.
Taxed out: 10 reforms to stop Illinois from losing people and jobs
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...
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