Indiana

Indiana-Illinois border war

By Michael Lucci
03/17/2014
Indiana cut taxes again last week. And it gained another Illinois business. On Thursday, Indiana cut business taxes, including a reduction in the corporate rate. That came on the heels of AM Manufacturing Co.’s announcement that it will move from Illinois to Indiana. AM Manufacturing Co. is a family-owned machine manufacturer. AM Manufacturing will move...

TAGS: Indiana, jobs, taxes, unemployment

Illinois businesses face another tax hike

By Benjamin VanMetre
03/13/2014
Lawmakers in Indiana are pushing to cut the state’s corporate income tax rate to 4.9 percent in 2019 from 6.5 percent in 2015. If successful, the legislation would give Indiana one of the most competitive corporate income tax rates in the Midwest. Corporations in Illinois currently pay 9.5 percent of their income to the state...

TAGS: fair tax, income tax, progressive income tax

What’s behind Illinois’ employment collapse?

By Michael Lucci
02/24/2014
A smaller and smaller percentage of adults are working to support the entire state population. Why does this matter? Because a booming economy provides the benefits of opportunity and upward mobility. But not only that. Growing the number of taxpayers is essential for funding core government services and pension bills. The only other tools legislators...

Illinois unraveling

02/20/2014
Until the mid-1900s, people from across the world stampeded into Illinois in search of opportunity. Workers from rural America came to build Pullman cars, erect skyscrapers and fill factories. Immigrants from Eastern Europe arrived in search of economic freedom. And laborers left the agrarian South to participate in America’s industrialization. Illinois’ population doubled from 1900...

Illinois borrowing penalty still three times higher than when Quinn took office

02/06/2014
It didn’t take long for Illinois’ spending machine to cram more debt down taxpayers’ throats. Only two months after signing a pension bill, Gov. Pat Quinn is borrowing yet another $1 billion to fund state construction projects. This will be the first large borrowing for Illinois since it passed Senate Bill 1, a pension fix...

TAGS: borrowing, capital project, debt, Pat Quinn, penalty borrowing rate, pensions

Real State of the State

By illinoispolicy
01/29/2014
JOBS AND GROWTH Illinois has the third-highest unemployment rate in the nation  More than 1 million Illinoisans are unemployed or underemployed Illinois is projected to be dead last in jobs growth in 2014 78,713 Illinoisans have given up and left the workforce since Dec. 2012 Illinois paid out $266M in improper unemployment insurance payments Illinois...

TAGS: State of the State

Union membership decreases nationwide

By Paul Kersey
01/27/2014
Last week, the U.S. Bureau of Labor Statistics released its latest report on union membership in the United States, which covers 2013. The results showed that unions failed to gain members – a fact that will likely prove disappointing for union officials, who might have hoped to regain lost membership under a very pro-union president....

Illinoisans flee the state for neighboring Indiana, Missouri and Wisconsin

By Michael Lucci
01/24/2014
The story of Illinois’ steady out-migration problem is well known, but just where are Illinoisans moving to? Is the outflow driven entirely by retirees and beach-goers moving to Florida? Not according to the U.S. Census Bureau, which just released its 2012 American Community Survey of state-to-state migration flow data. These data use census surveys to...

TAGS: population

Chicago Tribune calls for school choice in Illinois

01/21/2014
It’s time to bring school choice to Illinois – so says the Chicago Tribune, in a convincing editorial published this weekend. Not only did the Tribune discuss the poor performance of Chicago’s persistently low-performing schools, it also talked about successful school choice programs in Wisconsin and Indiana – Illinois’ neighbors to the north and east....

Illinois’ sputtering population growth

01/09/2014
The U.S. Census Bureau announced that Illinois had the sixth-lowest population growth in the nation in 2013. The state’s population growth was just 0.11 percent, adding only 14,000 people to its population of nearly 13 million people. Other large states such as Georgia, North Carolina, Florida and Texas grew seven to 13 times faster than...

TAGS: population