Illinois

IMRF should not be used as a model for Chicago

By Benjamin VanMetre
04/08/2014
A key tenet of the current Chicago pension reform proposal, which is headed to Gov. Quinn’s desk, is an Illinois Municipal Retirement Fund-style funding mechanism that seeks to guarantee that pension payments are made to Chicago’s funds each year. The mechanism allows the state to divert millions of dollars away from the city and into Chicago pension...

TAGS: IMRF: Illinois Municipal Retirement Fund

Illinois Attorney General Lisa Madigan bullies producer of Four Loko

By Bryant Jackson-Green
04/08/2014
Last week Illinois Attorney General Lisa Madigan proudly announced a settlement that would allegedly ban the production of caffeinated alcoholic beverage called Four Loko. In a press release highlighting details from a 22-page settlement joined by 19 other states, the city of San Francisco and Four Loko’s Chicago-based maker, Phusion Products, Madigan boasts the agreement...

Illinois politicians weaken local control

By Paul Kersey
04/08/2014
About three weeks ago, we sounded a warning about House Bill 5485, which would allow arbitrators to set minimum staffing levels in fire departments throughout Illinois.  Since then, news outlets throughout Illinois have been taking note of this bill, pointing out to readers that it would take Illinois in the wrong direction by making unions...

State Sen. Don Harmon’s progressive tax plan would hurt Illinois’ small businesses

By Benjamin VanMetre
04/07/2014
State Sen. Don Harmon’s progressive tax hike proposal would be a massive tax increase on Illinois businesses. A recent Tax Foundation report shows that 61 percent of Illinois employers are pass-through entities – meaning their earnings are taxed at the personal income tax rate instead of the corporate income tax rate. Examples of pass-through entities...

LLC fees hurt low-income entrepreneurs

By Michael Lucci
04/07/2014
The Illinois Senate passed Senate Bill 2776 to lower the cost to create a Limited Liability Company to $39 from $500. This piece of legislation, which rightfully received bipartisan support, will take effect immediately upon receiving Gov. Pat Quinn’s signature. LLC fees are unnecessary and harm low-income entrepreneurs. In fact, LLC fees function like a...

CTA train operator fired after Blue Line crash at O’Hare

By Justin Hegy
04/04/2014
The Chicago Transit Authority, or CTA, has effectively fired the blue line operator who fell asleep and crashed a train into the O’Hare International Airport terminal. CTA authorities announced today the worker was issued a termination notice, which is effective immediately. They may have fired the operator for now, but this is just the beginning...

TAGS: labor, unions

U.S. joblessness stays steady, Illinois lags

By Michael Lucci
04/04/2014
The U.S. jobless rate remained at 6.7 percent in March, according to the Bureau of Labor Statistics. The national jobless measure has not improved for three months. U.S. payrolls picked up 192,000 workers in March, slightly below expectations of 200,000. Employment gains were made in professional and business services (57,000), food and drink services (30,000),...

TAGS: jobs, unemployment

CTA: Blue Line crash comes just five months after previous crash on same line

By Justin Hegy
04/03/2014
UPDATE: The CTA is changing how rail operators are scheduled as a result of a review of the crash that injured at least 30 people at the O’Hare International Airport Blue Line station, the agency said today. READ MORE … Does the latest Chicago Transit Authority, or CTA, Blue Line crash at O’Hare feel like déjà...

How you can help fight ObamaCare in Illinois

04/03/2014
Can you help us fight ObamaCare in Illinois? The Liberty Justice Center has a plan to bring a lawsuit challenging a major part of ObamaCare’s implementation in Illinois – but we need people in Illinois who are affected by ObamaCare to be our plaintiffs. Here’s what the lawsuit is about. The Affordable Care Act passed...

Quinn reneging on ‘temporary’ tax hike cowardly, dishonest

By Jonathan Greenberg
04/03/2014
Gov. Pat Quinn began his recent op-ed in the Chicago Tribune with a couple of quotes. In that spirit, I’ll do the same. Cowardly Lion: “What makes the sphinx the seventh wonder? Courage! What makes the dawn come up like thunder? Courage! What makes the Hottentot so hot? What puts the ‘ape’ in apricot? What...

TAGS: income tax, Pat Quinn