Iowa

Illinois Forward: A 5-year plan for balanced budgets, declining debt and tax relief

By Adam Schuster
02/15/2020
The years 2010 through 2019 will go down in Illinois history as a decade of public policy failure and economic decline. High fixed costs for pensions and government worker health care have prevented the state from balancing its budget in any year since 2001. Since the Great Recession in 2008, the state’s fiscal imbalance has...

As nation celebrates small businesses, Illinois considers taxing them more

By Orphe Divounguy, Bryce Hill
11/27/2019
Most new jobs in Illinois are created by small businesses, yet state leaders are asking voters to hurt them by raising taxes on these employment dynamos.

TAGS: BLS: Bureau of Labor Statistics, entrepreneurs, Great Recession, Illinois, Illinois Constitution, investment, JB Pritzker, job creation, progressive income tax, s-corp, small business, spending cap, taxes, Tennessee, Texas