Indiana

Illinois corruption watch, June 2014

By Brian Costin, Anthony Trania
07/09/2014
Unfortunately for taxpayers, June was a groundbreaking month for corruption in Illinois. In June alone, there were reports of 85 corruption-related stories in the state. Some of the record-breaking highlights include the following: For the first time in 33 years, the Illinois Legislative Audit Commission exercised its subpoena powers in the issuance of a subpoena...

Illinois’ jobs report card

By Michael Lucci
06/30/2014
It’s report-card season in Illinois, as the journey and efforts that began last August have come to fruition for students across the state. State governments can be graded too, in particular on the subject of jobs. How Illinois fares on job creation is critically important for local high school and college seniors, who have just...

Hoosier playbook: How Indiana lures Illinoisans with opportunity

By Michael Lucci
06/23/2014
Illinoisans cross the border to become Hoosiers at a stunning rate. Illinois had a net loss of 4,100 people and $76 million of annual income to Indiana in 2010 alone, the most recent year of Internal Revenue Service data. That’s because for every three people who left Indiana for Illinois, four left Illinois for Indiana. Illinois’ losses to Indiana are...

Illinois private-sector payrolls fall by 5,400 as workers leave workforce

By Michael Lucci
06/20/2014
Illinois’ unemployment rate fell to 7.5 percent from 7.9 percent month-over-month, according to the Bureau of Labor Statistics’ most recent household survey. But there’s no reason to celebrate. Payroll jobs shrank by 2,600, with a loss of 5,400 private-sector jobs and an increase of 2,800 government jobs. The decline in the unemployment rate was driven...

TAGS: BLS: Bureau of Labor Statistics, unemployment

A tale of two governors: Wisconsin vs. Illinois

By Michael Lucci
06/16/2014
In January 2011, the governors of Wisconsin and Illinois took office for their first elected terms. They set their states on two very different paths: one that led to recovery, and one that led to further decline. Gov. Pat Quinn saw a hole in pension funding, so he raised income taxes on all Illinoisans by...

Illinois Corruption Watch, May 2014

By Brian Costin
06/04/2014
In completing our second month of the new “Illinois Corruption Watch” project, we are shocked at the volume of corruption stories being reported across the state. In just two months we have found reports of 101 different corruption-related stories; 45 in April and 56 in May. It’s no wonder Illinois citizens have by far the...

Illinois should repeal the death tax

By Michael Lucci
06/03/2014
Of all Illinois’ taxes, its death tax is the most morbid. Only 15 states in the U.S. levy a tax on death, and Illinois has the second-highest rate. Death taxes include estate and inheritance taxes. They hit certain Illinois families hard. Farmers, investors and business owners often need substantial assets to generate a moderate income....

Illinois legislators try to resurrect unconstitutional ‘Amazon tax’

06/02/2014
Last October, the Illinois Supreme Court struck down the state’s “Amazon tax,” a state law that would have forced many online retailers to pay Illinois taxes regardless of whether they had any physical presence in the state. Now, despite this ruling, some legislators are trying to bring back this tax. The “Amazon tax” required Amazon...

Illinois politicians’ obsession with tax hikes

05/21/2014
Fifty percent of all Illinoisans would leave the state if they could. Twenty-five percent think it’s the worst state to live in. Another 72 percent don’t trust their government. These numbers came from three recent Gallup polls. In all three surveys, no state polled worse than Illinois. You’d think with results like that, the last...

Illinois: $27 billion in tax increases since 2011

05/21/2014
A new report by Americans for Tax Reform shows that Democratic governors have enacted more than $58 billion in tax increases since 2011. Republican governors, on the other hand, have collectively signed more than $36 billion in tax cuts. Maryland Gov. Martin O’Malley, one of the nation’s top five most tax-happy governors, has signed 29 tax increases...