Governors Scott Walker from Wisconsin and Mitch Daniels of Indiana are enthusiastic while Illinois reels from the tax hysteria that hit the state this morning.
Migration between the U.S. states is the ultimate expression of voting with your feet. People move for many reasons, but, when examined en masse, its clear that public policy significantly influences where people choose to live.
The Problem Illinois’s inability to pay vendors on time is destabilizing many businesses with state contracts while at the same time hurting Illinois’s most vulnerable. According to the Illinois Comptroller’s Office, the state had $4.7 billion in payables at the end of the 2010 fiscal year in June and an additional $1.7 billion in additional...
Michigan is poised to pass a Right-to-Work law in the next couple of days. Union protesters are staked out at the Capitol building making their anti-Right-to-Work opinions known. This is a key point in a huge political battle that will have repercussions that go well beyond the state of Michigan. Your friendly neighborhood labor expert...
by Wesley Fox While several of Illinois’s neighbors are moving towards cutting taxes to help promote economic growth and job creation, Governor Quinn is pushing hard for an increase in the individual income tax rate to help “solve” Illinois’s budget problems. If he is successful, Illinois may be the only state in the region that will...
The Problem Previous Institute reports have shown how officials within Illinois’s legislative and judicial branches are paid significantly higher than national averages. Illinois state representatives and senators earn a base salary of $67,836—the fifth-highest legislator salary in the country. Only California, Michigan, New York and Pennsylvania pay their legislators more. Judges serving on the state’s...
The Problem With its resources, location, expansive farmland, and first-class towns and cities, Illinois should be a leading economic powerhouse in the United States. Unfortunately, thanks to an unfriendly business and regulatory climate, Illinois has been underperforming for years. “Rich States, Poor States,” a comprehensive economic performance index authored by Steve Moore, Art Laffer, and...
by Ashley Muchow Check it out! The Tax Foundation released a nifty interactive tool showing state-to-state migration data for a range of years between 1993 and 2008. The tool tracks the flow of both people and their income based on IRS tax return data. You can select any state and track the net inflows and outflows to and from...
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...