Illinois

Illinois’ symbolic first step – cut LLC fees

By Michael Lucci
10/12/2014
Small businesses and innovators are the lifeblood of any economy, and Illinois needs reform to encourage them to locate in Illinois. Small businesses are responsible for two-thirds of all new jobs created in the last 20 years. The disincentives for entrepreneurs to locate in Illinois are systemic, and thus require systemic solutions. An agenda for...

TAGS: jobs, LLC fees

25 percent of Illinois voters think state is headed in ‘right direction’

By Jim Long
10/12/2014
Starting in July, Illinois Policy Action has conducted enhanced voter ID canvassing across 20 key districts throughout Illinois. After 37,762 house-to-house door knocks by a team of 122 canvassers, followed up by over 430,000 automated and live phone calls to those homes not reached in person, we’ve produced a powerful barometer of Illinois’ political climate....

Mayor Emanuel’s minimum wage executive order doesn’t apply to political pals

By Brian Costin
10/11/2014
With great fanfare, Chicago Mayor Rahm Emanuel recently announced an executive order requiring city contractors and concessionaires to pay their employees no less than $13 per hour. The move was highly touted in both the Chicago Sun-Times and Chicago Tribune, as well as a number of other publications and television news broadcasts. None of these...

TAGS: Rahm Emanuel, transparency, unions

IEA continues wasteful union spending

By Paul Kersey
10/10/2014
The Illinois Education Association, or IEA, has gotten even more wasteful, according to new LM-2 spending reports filed with the U.S. Department of Labor. IEA has a history of being a very wasteful union. In my review of union spending, I went through IEA operations spending – money that went into representation, politics and lobbying,...

TAGS: labor, unions

WARN report: amidst 600 layoffs, state picks phone favorites

By Austin Berg
10/09/2014
Nearly 600 Illinois workers will be laid off come 2015, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the layoffs – which include 123 workers at Dixon, Illinois-based Anchor Coupling Inc.; 82 workers at plastics products-maker Pp Il LLC; and 58 workers at Jim’s Formal Wear,...

TAGS: EDGE: Economic Development for a Growing Economy, Jim’s Formal Wear, Microsoft, Motorola, Nokia, WARN

New app gives Illinois voters access to legislation, timely legislative information

By Jane McEnaney
10/09/2014
Since January 2013, the Illinois General Assembly has filed 6,305 bills in the House and 3,667 bills in the Senate. These figures don’t account for the myriad amendments that are tacked on to many bills before the full legislature votes on them. With that many pieces of legislation, the average concerned citizen needs a mechanism...

Illinois has given companies more than $830M in EDGE tax credits since 1999

By Robert Steere
10/08/2014
Illinois’ Economic Development for a Growing Economy, or EDGE, tax credit program has been making the news from time to time during recent months, mostly in the context of discussions on how to reform Illinois taxes and grow Illinois’ economy simultaneously. The program is on the chopping block. Notably, talk of changes to the EDGE...

TAGS: EDGE: Economic Development for a Growing Economy

Federal judge: Pensions not as protected as you think

By John Klingner
10/08/2014
Contrary to popular belief, government-worker pensions are not untouchable, at least according to the federal courts. The federal judge in charge of the bankruptcy proceedings of Stockton, California, has ruled that city-worker pension debt must be treated like any other form of debt and could be adjusted under federal bankruptcy law. The ruling is a...

Illinois’ recovery is still 7 years away

By Michael Lucci
10/07/2014
The Great Recession knocked 500,000 Illinoisans out of work from January 2008 to November 2009, according to the Bureau of Labor Statistics’ household survey. And since then, only 200,000 Illinoisans have gone back to work. This stands as one of the country’s slowest recoveries. As a result, Illinois has 300,000 fewer people working today than...

TAGS: jobs, unemployment