Illinois

2.1 Million, 34% of Tax Filers in Illinois Pay No Federal Income Tax

05/28/2010
by Brian Costin An interesting study from the Tax Foundation released earlier this week showed that 34% of Illinois citizens who filed a tax return paid no taxes on their income, slightly below the national average of 36%. 2.1 Million out of the state’s 6.1 million filers were able to reduce their income tax liability to...

$750K to Peabody Investments Corp

05/27/2010
In fiscal year 2009, the Department of Commerce and Economic Opportunity gave Peabody Investments Corp a $750,000 Coal Competitiveness Program grant.

How ‘Bout Them Cuts?

05/26/2010
The Illinois House of Representatives fails to pass significant spending reforms.

Budget Battle Update: Borrow!

05/25/2010
The Illinois House of Representatives is considering plans to borrow our way out of the state's budget mess.