Illinois

Illinois Begging Companies Not to Leave with Tax Credits

10/14/2010
by Wesley Fox Governor Quinn recently announced a new $7 million “business investment package” that will keep U.S. Cellular’s headquarters in Illinois.  The package is part of the state’s Economic Development for a Growing Economy Tax Credit Program (EDGE).  The program provides tax credits to companies that promise to make capital investments within the state and create 25 new...

Trib on Superman and Illinois Schools

10/14/2010
by Collin Hitt The Chicago Tribune wrote an editorial review of “Waiting for Superman.”  I’m probably quoting at too great a length below, but the editors outlined a reform platform in a remarkably efficient five paragraphs. “Waiting for Superman” has drawn a lot of blowback. Critics say the film unfairly casts teachers unions as the...

Tax Increment Financing: Hidden in Plain Sight

By Kate Campaigne Piercy
10/12/2010
The Problem Although tax increment financing (TIF) has been around for over thirty years, many people do not understand how it works, how it affects their communities or their pocketbooks. Most people have no idea a significant portion of their property taxes are flowing into the hands of real-estate developers instead of their schools, public...

Who Brings Home the Pork from Washington?

10/12/2010
by Wesley Fox With the release of the 2010 Capital Bill Piglet Book highlighting wasteful spending by the state, I was curious to see what kind of wasteful spending was taking place at the federal level on behalf of Illinois. This information was gathered from the Citizens Against Government Waste Pork Database and includes their sponsored earmarks for the...

Liberty Leaders: Help Stop TIF Taxpayer Abuse

10/12/2010
by Brian Costin This is the weekly Liberty Leaders e-mail sent out for the second week of October. To sign up for the weekly (every Tuesday) Liberty Leaders email click here, select Volunteer Opportunities (Liberty Leaders Program). Help Stop TIF Abuse Tax increment financing (TIF) has been around for over thirty years, many people do not understand...

Illinois, Behind in Bills, Decides to Spend More

10/08/2010
by Wesley Fox Despite Illinois’s record deficit and $6 billion in unpaid bills, Governor Quinn recently announced $50 million in new spending for the Neighborhood Recovery Initiative.  The Initiative would focus on job training for adults and small businesses and also provide funds for small businesses in troubled neighborhoods with the goal of addressing violent crime problems by...

TAGS: Neighborhood Recovery Initiative

Chicago Public Schools new CEO?

10/07/2010
by Collin Hitt The unsurprising word has leaked that Chicago schools chief Ron Huberman – a Daley appointee – will leave his post before the beginning of a new administration. Greg Hinz… With Chicago Public Schools officials confirming a Chicago Sun-Times story that schools chief Ron Huberman will leave along with Mayor Richard M. Daley, who else...

Illinois Says Stop Borrowing and Start Cutting

10/06/2010
by Ashley Muchow Pew Center on the States and the Public Policy Institute of Californiareleased a comprehensive study this morning zoning in on the public’s opinion of state fiscal management. The study, Facing Facts: Public Attitudes and Fiscal Realities in Five Stressed States, polled residents from five fiscally distressed states: California, Arizona, Florida, New York, and our very...

Once Superman Leaves

10/06/2010
by Collin Hitt Trib columnist Clarence Page got some $@%^ with his recent book purchase: “Oh, that (expletive) movie is so full of (expletive),” the young woman [who worked at the bookstore] muttered. “Waiting for Superman,” said the book’s title. Page was purchasing the companion book to the movie of the same super title. “Waiting for Superman”...

Bill Ayers, Professor No More

10/06/2010
by Collin Hitt Bill Ayers – state employee and university professor in Illinois for 25 years – is retiring. He’ll get the normal pension perks due to state university professors, but he won’t get the ornamental emeritus title.  When the decision was considered by the board of trustees last month, University of Illinois chairman Chris...