Combined state and average local sales tax rate tallies 8.85% in Illinois for 2024. That’s the highest in the Midwest and seventh highest in the nation.
Seven states enacted new private school choice programs in 2023 and 11 states expanded existing programs. But Illinois killed its Invest in Kids tax-credit scholarship program, ending the only help for nearly 10,000 low-income students.
Employment is the clearest path out of poverty, but these five low-income professions face more occupational licensing burdens than others in Illinois.
Occupational licensing is more burdensome in Illinois than in neighboring states for many professions. Those barriers are unreasonably keeping poor Illinoisans and Chicagoans from finding work.
Illinois could make it easier to escape poverty by letting more people work without first getting a license. Six neighboring states do a better job of easing occupational licensing on low-income professions.
State-to-state migration estimates from the U.S. Census Bureau showed Illinois lost residents to 36 states and Washington, D.C. Nearly all the former Illinoisans moved to lower-tax states.
Five Midwest states have enacted or expanded school choice programs since the Invest in Kids Act was enacted in 2017. Now Illinois’ scholarships are set to expire while other programs thrive.
Despite statewide job gains in June, eight of Illinois’ metro areas lost jobs for the month. Most areas still haven’t recovered to pre-pandemic job levels.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.