On September 30th the Illinois Turnaround Tour made a stop in Rockford. Over 50 people packed the Wallingford Center at the Best Western Clock Tower Resort to hear about the Illinois Turnaround Plan of lower taxes; responsible spending; transparent, accountable government; and a business friendly environment that empowers entrepreneurs, investors and workers. John Tillman, CEO...

by Ashley Muchow Meredith Whitney, former banking analyst, and current CEO of Meredith Whitney Advisory Group, doesn’t see anything short of fiscal ruin for a handful of U.S. states. In a Bloomberg interview, Whitney holds up states as the new systemic risks to the U.S. economy.  Her company’s latest report, appropriately titled “Tragedy of the Commons”,...

by John Tillman Since the tax hike fight of 2009 (the picture on the left is from my debate on Fox 32 on the merits of a tax hike versus spending reforms – see it here) we have been saying some simple things at the Illinois Policy Institute.  First, our problems are rooted in structural overspending.  Second,...

by John Tillman Illinois is broke but if you are a regular visitor to our site you already knew that.  But you may not know just how broke our state is and that one of the root causes of the problem (there are many) is unsustainable public employee pensions.  The Civic Committee of the Commercial Club of...

by Kristina Rasmussen Earlier today I testified at a House Revenue committee hearing on the matter of online taxation. Up for consideration was SB 3353, and more broadly, the hearing served as a review of attempts to use online affiliates of Internet retailers to establish physical nexus for taxation purposes. So what’s at stake? Some want to impose so-called...