Indiana

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...

Madigan and Illinois’ million-man migration

By Michael Lucci
05/21/2014
Gubernatorial candidate Bruce Rauner publicly opposes the tax-hike plan championed by Gov. Pat Quinn and House Speaker Mike Madigan. Rauner claimed that raising income taxes again in 2015 will cause more businesses and people to flee the state. Madigan fired back at Rauner with one of the most poorly-conceived statements of this campaign season. Madigan...

Burnham’s $650K corruption scandal a lot like Dixon’s

By Brian Costin
05/14/2014
When it comes to government corruption, history often repeats itself in Illinois, both in terms of types of corruption and the failure of government to implement policies that could prevent it. Recently, federal authorities charged the village of Burnham’s long-time village clerk, Nancy Dobrowski, with stealing over $650,000 in funds from local taxpayers. Allegedly, Dobrowski...

CEOs sound off on Illinois’ business climate

By Michael Lucci
05/12/2014
CEOs of major U.S. corporations went on record in Chief Executive Magazine’s “2014 Best and Worst States for Business.” Business leaders pulled no punches in their description of Illinois, going so far as to compare doing business in Illinois to doing business in a third-world country. The publication ranked Illinois at the bottom of the...

Top 6 things legislators in Springfield don’t want you to know

By Donovan Griffith
04/25/2014
1. A supermajority means the rules do not apply When it comes to running a state, there is a long list of rules and parliamentary procedures the government must abide by during its everyday operations. These rules govern everything from how votes are taken to how bills are read and are in place to protect...

What Mayor Emanuel’s pension proposal does and doesn’t do

04/01/2014
Chicago Mayor Rahm Emanuel has reportedly struck a pension deal with city employees who are members of the Municipal and Laborers pension funds. The deal only affects half of the city’s workers. Firefighters and policemen, as well as its teachers, park and transit workers, are not included. The deal, which calls for a five-year, $750...

TAGS: pensions

Illinois’ recipe for exodus: 7 different tax structures proposed for 2015

By Michael Lucci
03/27/2014
You’re a small business owner planning out your budget for the next five years. You expect explosive growth and a lot of hiring. But your financial future is uncertain, so you factor business risks and uncertainties into your plan. At least you can count on your state government for stability and a clear tax structure...

TAGS: fair tax, graduated income tax, income tax, progressive income tax